Crypto Markets Rally as DePIN Sector Leads Gains with 3.95% Surge

Despite strong gains in Bitcoin and Ethereum, the AI sector declines, and mixed results across other crypto sectors indicate ongoing volatility in the digital asset market.

BTC
ETH
KAITO

Summary

On September 30, Bitcoin rose 2.39% to above $114,000, while Ethereum gained 2.08%, surpassing $4,200. The CeFi sector saw significant growth (+2.33%), led by Binance Coin and Aster. However, the AI sector dropped 2.96%, despite KAITO’s impressive jump of 21.31%. Mixed performance across crypto sectors reflects ongoing volatility.

Terms & Concepts
  • CeFi: Centralized Finance—financial services operated through centralized platforms, where intermediaries facilitate activities like lending, borrowing, and trading.
  • MAG7.ssi: A sector index tracking seven major cryptocurrencies, reflecting overall performance trends in the digital asset market.