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Crypto Market Rebounds: DeFi Up 4.30% as Bitcoin Tops $66,000 and Ethereum Exceeds $1,900

According to SoSoValue on Feb. 25, broad-based gains spanned DeFi, AI, Layer2, PayFi, Meme, Layer1, and CeFi as Bitcoin surpassed $66,000 and Ethereum rose above $1,900.

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Summary

According to SoSoValue data on Feb. 25, the crypto market rebounded over the past 24 hours. DeFi rose 4.30%, Bitcoin gained 2.70% to surpass $66,000, and Ethereum climbed 3.97% above $1,900. Gains also extended across AI, Layer2, PayFi, Meme, Layer1, and CeFi sectors, indicating broad market strength.

Terms & Concepts
  • DeFi: Decentralized Finance, blockchain-based financial services using smart contracts without traditional intermediaries.
  • Layer2: Scaling solutions built on top of a base blockchain (Layer 1) to increase throughput and reduce fees.
  • CeFi: Centralized Finance; crypto services managed by companies or intermediaries, such as exchanges or lenders.