Crypto Market Rallies Broadly, DePIN Sector Leads With Nearly 6% Gain as BTC Breaks $80,000

November 5 — According to SoSoValue data, crypto market sectors rebounded broadly, with the DePIN sector standing out, up 5.79% in 24 hours, including Aethir (ATH) up 9.91% and Render (RENDER) up 9.23%. Meanwhile, Bitcoin (BTC) rose 4.94%, breaking above $80,000; Ethereum (ETH) rose 7.21%, breaking above $2,400. Notably, MAG7.ssi rose 4.37%, DEFI.ssi rose 4.11%, and MEME.ssi rose 3.54%. Among other sectors, the RWA sector rose 5.47% in 24 hours, with Ondo Finance (ONDO) up 7.25%; the Layer2 sector rose 5.28%, with Stacks (STX) up 11.31%; the PayFi sector rose 4.89%, with Dash (DASH) up 8.99%; the DeFi sector rose 3.97%, with Raydium (RAY) up 17.73%; the Layer1 sector rose 3.74%, with Injective (INJ) up 12.41%; the CeFi sector rose 3.67%, with Cronos (CRO) up 5.21%; the Meme sector rose 3.11%, with Useless Coin (USELESS) up 14.01%. Crypto sector indices reflecting the historical performance of these sectors show that the ssiDePIN, ssiRWA and ssiLayer2 indices rose 6.29%, 5.79% and 5.74% respectively.