Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Crypto market is showing bullish signal today with Bitcoin crossing $114K after a 2.62% rise in the past 24 hours, while Ethereum climbed 2% to break above $4,400. Layer 2 tokens led the rally, with Mantle (MNT) jumping 12.98% and newly launched Linea (LINEA) soaring 392.60%. Meme coins rose 2.87%, Layer 1 tokens gained 2.74%, DeFi climbed 2.23%, CeFi added 2.11%, and PayFi advanced 1.74%. The surge comes as softer U.S. PPI data reinforced rate-cut expectations and SEC Chairman Paul Atkins unveiled Project Crypto to strengthen on-chain market regulation.
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