Gate News reports that on March 24, according to SoSoValue data, the cryptocurrency market rebounded after several days of decline. Bitcoin (BTC) rose 3.66% in 24 hours, breaking through $70,000; Ethereum (ETH) increased by 3.93%, surpassing $2,100.
The SocialFi sector performed strongly, up 4.61%, with Chiliz (CHZ) and Toncoin (TON) rising 2.15% and 5.59%, respectively. Additionally, MAG7.ssi increased by 3.46%, DEFI.ssi by 1.37%, and MEME.ssi by 3.41%.
Other notable sectors include: PayFi, which rose 1.79% in 24 hours, with Dash (DASH) up 5.12%; Layer1, up 1.78%, with Aptos (APT) increasing 10.36%; CeFi, up 0.95%, with NEXO (NEXO) rising 2.16%; DeFi, up 0.81%, with Aerodrome Finance (AERO) increasing 13.61%.
On the downside, the Layer2 sector declined 0.10%, though Stacks (STX) surged 3.65 during the day; Meme sector fell 1.13%, but Banana For Scale (BANANA) rose 9.54% against the trend; AI sector dropped 5.76%, with the previously rising Siren (SIREN) plummeting 63.53%.
The crypto sector indices reflecting historical market trends show that the ssiAI, ssiDePIN, and ssiSocialFi indices increased by 5.53%, 5.30%, and 4.61%, respectively.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
GDC Secures 7,500 Bitcoin Via $39.2M Share Exchange Deal
GD Culture Group to acquire Pallas Capital for about 39.2 million shares, gaining 7,500 BTC as part of its crypto-treasury strategy, while pursuing a $300M equity raise.
Abstract: GD Culture Group Ltd, a Nasdaq-listed company, announced on September 16 a share-exchange to acquire all Pallas Capital Holdings Ltd, issuing about 39.2 million shares for the assets, including 7,500 BTC free and clear. The acquisition advances GD Culture's crypto-treasury strategy as it pursues a separate $300 million equity raise to fund digital-asset acquisitions, despite quarterly losses and volatile trading activity.
TodayqNews20m ago
CryptoQuant: April’s BTC rise was driven by perpetual futures, warning of correction risk
The study said that in April, the Bitcoin price was driven by perpetual contract long positions, while spot demand remained weak. The increase rose from $66k to $79k, about 20%. The structure resembled the early stage of the 2022 bear market. The study’s head warned that unless spot demand turns positive, it would be difficult to sustainably break above $79k, and the risk of corrections is increasing. The bull market score index fell from 50 to 40, with spot-expressed demand still negative, suggesting that the rally may be driven by leverage rather than new buying pressure.
ChainNewsAbmedia23m ago
Bitcoin Liquidation Thresholds: $16.92B Short Squeeze at $84,557, $10.72B Long Liquidation at $77,423
According to Coinglass data, if Bitcoin breaks above $84,557, cumulative short liquidations across major CEXs would reach $1.692 billion. Conversely, if BTC falls below $77,423, cumulative long liquidations would total $1.072 billion.
GateNews24m ago
Whale 0x049 Opens $80M in 20x Leveraged Long BTC and ETH Positions
According to ChainCatcher, monitoring platform Hyperinsight detected that whale 0x049 opened 20x leveraged long positions in the last 10 minutes. The whale went long 494 BTC worth approximately $39.95 million with a liquidation price of $83,947, and simultaneously longed 17,173 ETH worth approximate
GateNews24m ago
