Cryptocurrency market rebounds across the board: PayFi sector leads with over 7% gains, ETH breaks above $3,400

PANews, November 6 – According to SoSoValue data, the cryptocurrency market has generally rebounded within the past 24 hours, with overall gains ranging from 2% to 7%. The PayFi sector performed the best, rising 7.31% over the period. Within this sector, Telcoin (TEL) surged by 28.44%, XRP increased by 7.71%, while the previously strong Dash (DASH) pulled back by 11.41%.

In the mainstream cryptocurrencies, Bitcoin (BTC) rose by 2.75%, breaking the $103,000 mark; Ethereum (ETH) increased by 5.09%, surpassing $3,400.

Other sectors also performed well:

• Meme sector up 5.51%, with OFFICIAL TRUMP (TRUMP) up 16.56% and Giggle Fund (GIGGLE) soaring 130.10%;
• DeFi sector up 4.91%, with Aerodrome Finance (AERO) up 10.58%;
• Layer 1 sector up 4.66%, with Zcash (ZEC) reaching a high of 11.21% intraday;
• Layer 2 sector up 4.56%, with SOON (SOON) surging 112.83%;
• CeFi sector up 3.03%, with Aster (ASTER) increasing by 11.55%.