The cryptocurrency market experienced a significant rebound following statements from Trump and Vance that eased US-China tensions, according to SoSoValue data. Over the past 24 hours, the market saw widespread gains ranging from 6% to 20%. The Layer2 sector led the surge with a 19.40% increase. Bitcoin rose by 4.85%, surpassing $115,000, while Ethereum climbed 11.66%, moving above $4,100. Other notable gains included the AI sector, which increased by 16.50%, the CeFi sector up by 15.36%, Layer1 up by 12.80%, Meme coins up by 12.04%, and PayFi up by 8.17%.
Crypto Market Surges as US-China Relations Ease, Layer2 Leads Gains
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