DeFi jumps 6.80% as crypto market gains after U.S. rate decision

  • Crypto market sectors rose after the U.S. rate decision, falling oil prices and SEC exemption.
  • 6.80% was the DeFi sector's 24-hour gain.
  • Genius, Uniswap and Hyperliquid gained 20.66%, 14.81% and 10.01%, respectively.

Crypto markets broadly rose after the U.S. interest-rate decision, falling oil prices and the SEC (U.S. securities regulator) issuing an "innovation exemption" that supported onchain trading of tokenized NMS stocks. Fear quickly receded, with most sectors gaining about 2% to 7% over 24 hours. DeFi (decentralized finance) led the advance at 6.80%, while Genius (GENIUS) rose 20.66%, Uniswap (UNI) gained 14.81% and Hyperliquid (HYPE) climbed 10.01%, according to SoSoValue data cited by PANews on Sept. 18.

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