DeFi Sector Jumps 4.55% as Crypto Market Rallies Broadly in 24 Hours

The DeFi sector rose 4.55% over the past 24 hours, with Hyperliquid (HYPE), Chainlink (LINK) and Uniswap (UNI) gaining 11.74%, 4.2% and 5.79% respectively, SoSoValue data show. Bitcoin (BTC) climbed 3.84% to approach $70,000, while Ethereum (ETH) advanced 3.06% above $2,000, and sector indices MAG7.ssi, DEFI.ssi and MEME.ssi rose 2.94%, 5.86% and 1.52% respectively. Other segments also posted gains, with CeFi up 2.87% led by Mantle (MNT) at 3.29%, Layer1 up 2.72% with Zcash (ZEC) gaining 8.86%, NFT up 2.23% with Pudgy Penguins (PENGU) rising 7.19%, and Layer2 up 2.09% with zkSync (ZK) adding 6.16%. Historical performance indices ssiDeFi, ssiRWA and ssiNFT rose 5.90%, 5.13% and 3.07% respectively over the same period.