SoSoDaily | June 24: Crypto Rebounds Sharply, AI Sector Leads with 13%+ Gain, BTC Breaks $105K

On June 24, according to SoSoValue data, the crypto market saw a strong rebound as Middle East tensions eased and Trump announced a ceasefire between Israel and Iran. Most sectors rose between 3% and 13%. Bitcoin ($BTC) rose 4.26% in 24 hours, briefly surpassing $106,000 and now trading at $105,000. Ethereum ($ETH) jumped 7.37%, breaking above $2,400. The AI sector surged 13.44%, with Bittensor ($TAO), Fetch.ai (FET), and Virtuals Protocol ($VIRTUAL) up 13.71%, 17.29%, and 18.52%, respectively.

Notably, MAG7.ssi rose 7.12%, MEME.ssi rose 10.43%, and DEFI.ssi climbed 11.18%.

Other standout sectors included: the RWA sector, up 12.33% in 24 hours, with Ondo Finance (ONDO) and Plume (PLUME) up 11.78% and 13.39%; the NFT sector, up 10.88%, with Pudgy Penguins (PENGU) and Moca Coin (MOCA) soaring 14.05% and 29.13%, respectively.

In addition, the Layer2 sector rose 10.17%, with Movement (MOVE) spiking 34.66%; the DeFi sector rose 9.97%, with Jupiter (JUP) up 15.78%; the Meme sector increased 9.15%, with SPX6900 (SPX) up 17.64%; the Layer1 sector rose 6.12%, with Sui (SUI) up 12.03%; the PayFi sector rose 6.22%, with Telcoin (TEL) up 25.00%; and the CeFi sector rose 2.85%.