The crypto market rose across the board, with MAG7.ssi rising by more than 6%, and the PayFi sector rising by 17.06%

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ODAILY
07-18
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Planet Daily News: According to SoSoValue data, three cryptocurrency bills were passed by the House of Representatives, causing all crypto market sectors to rise, with general increases ranging from 2% to 6%. Among them, the PayFi sector surged 17.06% in 24 hours, driven by the positive news of the "Genius Bill" expected to be signed by Trump on Friday. Within the sector, Stellar (XLM) and XRP rose by 11.42% and 18.15% respectively. Additionally, ETH rose 5.85%, breaking through $3,500. Notably, as core components of MAG7.ssi, the strong upward movement of XRP and ETH continued to push MAG7.ssi higher, reaching a 24-hour increase of 6.37%, approaching the 0.98 USDT mark. Furthermore, DEFI.ssi rose 6.49%, and MEME.ssi rose 2.56%. In other sectors, the Layer2 sector increased by 5.73%, with Mantle (MNT) rising 11.86%; the DeFi sector rose 4.56%, with Uniswap (UNI), Ondo Finance (ONDO), and Chainlink (LINK) rising 13.01%, 13.31%, and 13.69% respectively; the Layer1 sector rose 4.31%, with Cardano (ADA) and Hedera (HBAR) rising 14.24% and 24.44% respectively; the Meme sector rose 2.95%, with Fartcoin (FARTCOIN) and Dogecoin (DOGE) rising 9.53% and 9.86% respectively; the CeFi sector rose 1.70%. The crypto sector index reflecting historical market trends showed that ssiPayFi, ssiDeFi, and ssiRWA indexes rose 17.92%, 8.44%, and 6.91% in 24 hours, respectively.

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