Crypto market sectors broadly rebounded following the two-week US-Iran ceasefire.

Crypto Markets Rebound as US-Iran Ceasefire Boosts Sentiment

Crypto markets staged a broad rebound on news of a two-week US-Iran ceasefire. According to SoSoValue, the AI sector led the charge, jumping 6.61% over the past 24 hours. Fartcoin (FARTCOIN) surged 18.88%, while Bittensor (TAO), Worldcoin (WLD), and Render (RENDER) gained 8.56%, 8.94%, and 10.14%, respectively.

Bitcoin (BTC) rose 4.30%, breaking above $71,000. Ethereum (ETH) climbed 6.23%, pushing past $2,200. Meanwhile, MAG7.ssi gained 4.58%, DEFI.ssi rose 5.30%, and MEME.ssi added 5.04%.

Other sectors also saw gains. DeFi jumped 4.41%, with EdgeX (EDGE) up 14.90%. Layer2 rose 4.32%, led by Optimism (OP) gaining 9.51%. Layer1 climbed 3.95%, as Zcash (ZEC) surged 25.73%. PayFi added 3.86%, with Dash (DASH) up 8.77%. Meme coins rose 3.56%, with SPX6900 (SPX) gaining 11.86%. CeFi advanced 2.64%, as OKB added 3.92%.

Sector indices told a similar story. The ssiAI index jumped 9.27%, ssiDePIN rose 7.08%, and ssiNFT added 5.81%.