Bitcoin Breaks $80,000 as DePIN Leads Broad Crypto Market Rebound

Bitcoin (BTC) rose 4.94% to above $80,000 Thursday in a broad crypto-market rebound, while DePIN led sector performance with a 5.79% gain over 24 hours.

Ether (ETH) climbed 7.21% and topped $2,400. Within DePIN, Aethir (ATH) rose 9.91% and Render (RENDER) gained 9.23%.

Gains extended across other crypto categories. The real-world asset (RWA) sector increased 5.47%, Layer 2 rose 5.28% and PayFi gained 4.89%. DeFi advanced 3.97%, Layer 1 added 3.74%, CeFi rose 3.67% and the Meme sector gained 3.11%.

Several tokens posted double-digit increases: Raydium (RAY) rose 17.73% in DeFi, Useless Coin (USELESS) gained 14.01% in Meme and Injective (INJ) advanced 12.41% in Layer 1. Stacks (STX) added 11.31% in Layer 2. Gains extended across multiple crypto sectors.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].