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Crypto Market Sees Broad Gains as Layer2 Sector Surges

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BTC SOL MATIC MNT OKB STX ONDO NFT POL
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The crypto market has seen broad gains, driven by a combination of factors including potential bond purchases and expanded economic sanctions. According to SoSoValue data, the Layer2 sector was particularly strong, rising 3.02% in 24 hours with notable performers including Polygon (POL) up 8.50%, Stacks (STX) up 4.76%, and Mantle (MNT) up 2.82%. Bitcoin (BTC) also rose significantly, touching $80,000 during trading.

The Layer1 sector saw a rise of 2.21% in 24 hours, with Solana (SOL) up 6.14%. The CeFi sector rose 2.08%, with OKB (OKB) up 6.49%. Meanwhile, the DeFi sector fell 0.27%, although Ondo Finance (ONDO) remained relatively resilient.

Indices reflecting historical sector performance also showed gains, including ssiNFT, ssiLayer2, and ssiMAG7 indices rising 3.54%, 3.19%, and 3.07% respectively.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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