The crypto market rebounded across the board, with the AI sector leading the way with a 15.82% increase, and ETH returned to above $1,600

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On April 10th, according to SoSoValue data, Trump announced a suspension of taxes for multiple countries and a tax rate reduction. Influenced by this news, the crypto market rebounded across the board, with crypto sectors generally rising 4% to 15% in 24 hours. The AI sector led the surge at 15.82%, with Bittensor(TAO), Fetch.ai(FET), and Render(RENDER) rising 15.52%, 15.79%, and 16.71% respectively in 24 hours. Additionally, Ethereum(ETH) rose 13.77%, breaking through the $1,600 mark. Bitcoin(BTC) increased by 7.94%, temporarily surpassing $83,000.

It is worth noting that MAG7.ssi rose 11.24%, DEFI.ssi increased 15.92%, and MEME.ssi rose 13.44%.

In other sectors, the DeFi sector rose 12.43% in 24 hours, with Ondo Finance(ONDO) increasing 23.87%; the PayFi sector rose 12.26%, with XRP rising 14.13%; the Meme sector increased 11.87%, with Dogecoin(DOGE) rising 12.48%; the Layer2 sector rose 8.91%, with ex-MATIC(POL) increasing 10.72%; the Layer1 sector rose 8.52%, with Solana(SOL) and Cardano(ADA) rising 12.72% and 12.56% respectively; the CeFi sector increased 5.89%, with Hyperliquid(HYPE) rising 16.09%.

Meanwhile, the crypto sector index reflecting historical market trends showed that ssiAI, ssiDeFi, and ssiRWA indices rose 16.27%, 13.79%, and 12.97% in 24 hours, respectively.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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