🔵 The crypto market is experiencing a broad rally, with the PayFi sector leading with a 17.06% increase.
On July 18, DeThings reported that three cryptocurrency bills were passed by the U.S. House of Representatives. Driven by this and the positive expectation that the "Genius Act" will be signed by Trump on Friday, the crypto market has risen overall, with increases generally between 2% and 6%. The PayFi sector surged 17.06% in 24 hours, with Stellar (XLM) up 11.42% and XRP up 18.15%. ETH rose 5.85%, breaking the $3500 mark. Layer 2 increased by 5.73%, with Mantle (MNT) up 11.86%; DeFi rose 4.56%, with Uniswap (UNI), Ondo (ONDO), and Chainlink (LINK) all gaining over 13%; Layer 1 increased by 4.31%, with Cardano (ADA) and Hedera (HBAR) rising 14.24% and 24.44%, respectively; the Meme sector rose 2.95%; and the CeFi sector increased by 1.70%.
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