Crypto markets staged a broad-based rebound over the past 24 hours, led by strong gains in the DeFi sector. According to SoSoValue data, DeFi climbed 3.53%, with Hyperliquid (HYPE) surging 19.85% and Morpho (MORPHO) rising 9.10%. Bitcoin advanced 3.75% to recover above $78,000, while Ethereum gained 4.41% to break past $2,340. Other sectors also posted solid gains, including Meme tokens (+2.21%), Layer 2 (+1.83%), CeFi (+1.52%), and Layer 1 (+1.46%). AI, RWA, and PayFi sectors recorded modest advances, while NFT and GameFi were the only laggards, down 0.86% and 1.53%, respectively.
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