Crypto market rises as AI sector gains 9.66%, Bitcoin breaks $87,000

  • Crypto sectors rose broadly, with the AI sector leading gains on September 22.
  • 9.66% was the AI sector’s 24-hour increase, while Bitcoin gained 5.31%.
  • SoSoValue tracked ssiMeme, ssiAI and ssiGameFi gains of 11.54%, 9.74% and 7.52%.

The cryptocurrency market rose broadly on September 22, led by a 9.66% gain in the AI sector. Bittensor (TAO) advanced 18.97%, Akedo (AKE) climbed 13.63% and Fetch.ai (FET) rose 14.01%. Bitcoin (BTC) gained 5.31% and broke above $87,000 intraday, while Ethereum (ETH) increased 2.63% to move above $2,700. Other tracked indexes included MAG7.ssi, up 4.54%; DEFI.ssi, up 0.01%; and MEME.ssi, up 11.08%. The Meme sector rose 8.91%, led by Pepe (PEPE), which gained 25.19%. PayFi rose 4.22%, with eCash (XEC) up 10.11%; the Layer 2 sector (blockchain scaling networks) increased 2.77%, with ImmutableX (IMX) up 8.00%. Layer 1 gained 1.85%, led by Sui (SUI) at 12.68%; CeFi rose 1.49%, with Cronos (CRO) up 8.19%; and DeFi (decentralized finance) advanced 1.04%, with Raydium (RAY) gaining 7.14%. Historical sector-performance indexes showed ssiMeme up 11.54%, ssiAI up 9.74% and ssiGameFi up 7.52%, according to SoSoValue data.

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Crypto market rises as AI sector gains 9.66%, Bitcoin breaks $87,000 - CoinPost Terminal