The crypto market is experiencing a general increase, with the PayFi sector leading the gains at 8.95%. BTC briefly surpassed $87,000.

Blockbeats
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BlockBeats News, March 20th, according to SoSoValue data, the cryptocurrency market sector saw a general rise, with the PayFi sector leading the gains at 8.95%. Within the sector, XRP, influenced by factors such as the SEC's plan to withdraw its lawsuit against Ripple Labs, rose by 9.91% in 24 hours, and Telcoin (TEL) rose by 15.30%. Furthermore, Bitcoin (BTC) rose by 3.71% in 24 hours, briefly rebounding above $87,000, and Ethereum (ETH) rose by 5.25%, breaking through the $2,000 mark.

In other sector news, the AI sector rose by 5.72% in 24 hours, with Fartcoin (FARTCOIN), Arkham (ARKM), and Delysium (AGI) within the sector rising by 25.53%, 11.84%, and 35.71%, respectively; the Meme sector rose by 4.94%, with Dogecoin (DOGE) rising by 5.11%; the DeFi sector rose by 4.39%, with Chainlink (LINK) rising by 6.58% and Uniswap (UNI) rising by 7.05%; the Layer2 sector rose by 3.10%, and the Layer1 sector rose by 2.56%, with Solana (SOL) rising by 7.05%; and the CeFi sector rose by 1.17%.

At the same time, reflecting the historical performance of the sectors, the cryptocurrency sector indices showed the highest 24-hour gains in the ssiPayFi, ssiDeFi, and ssiAI indices, rising by 9.06%, 5.74%, and 4.79%, respectively, with weekly returns reaching 10.11%, 12.13%, and 9.39%, respectively.

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