Data: The cryptocurrency market has risen for four consecutive days, with the Layer2 sector up over 6%, and BTC surpassing $113,000

ChainCatcher news, according to SoSoValue data, the U.S. August PPI has significantly cooled, strengthening interest rate cut expectations. Meanwhile, SEC Chairman Paul Atkins announced the official launch of Project Crypto, aimed at improving regulatory rules to support the development of on-chain markets. As a result, the sentiment in the crypto market has warmed up again, with various sectors continuing their upward trend.

The Layer2 sector rose by 6.64%, with Mantle (MNT) increasing by 12.98%, and the newly launched Linea (LINEA) soaring by 392.60%. Additionally, BTC rose by 2.62%, reaching $113,000. Ethereum (ETH) increased by 1.50%, breaking through $4,300. At the same time, MAG7.ssi rose by 2.48%, DEFI.ssi increased by 1.33%, and MEME.ssi rose by 2.45%.

In other sectors, the Meme sector rose by 2.87%, with Pump.fun (PUMP) increasing by 18.58%; the Layer1 sector rose by 2.74%, with Avalanche (AVAX) increasing by 11.55%; the DeFi sector rose by 2.23%, with MYX Finance (MYX) rising again by 19.44%; the CeFi sector rose by 2.11%, with Hyperliquid (HYPE) increasing by 2.96%; the PayFi sector rose by 1.74%, with Stellar (XLM) increasing by 3.53%.
The crypto sector indices reflecting historical performance show that the ssiLayer2, ssiMeme, and ssiGameFi indices rose by 5.36%, 2.66%, and 2.34%, respectively.