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Crypto market rose for five consecutive days, with BTC breaking through $115,000 and ETH once rising above $4,500

Source: ForesightNews
According to SoSoValue data, the US CPI data in August met expectations, but the number of initial unemployment benefits hit a four-year high. The market bets on interest rate cuts three times this year. Under the influence of multiple factors, the sentiment in the crypto market continued to rise, and various sectors maintained an upward trend. Bitcoin (BTC) rose 1.30% to break $115,000. Ethereum (ETH) rose 3.10%, once above $4,500. In addition, the RWA sector rose 4.41%, and within the sector, Ondo Finance (ONDO) and Keeta (KTA) rose 9.78% and 10.72% respectively. It is worth noting that MAG7.ssi rose 2.98%, DEFI.ssi rose 3.74%, and MEME.ssi rose 5.12%. In other sectors, the Meme sector rose 3.46% in 24 hours, with Dogecoin (DOGE) rising 5.70%; Layer2 sector rose 1.96%, Mantle (MNT) rising 5.21%; Layer1 sector rose 1.74%, Solana (SOL) rising 3.53%; PayFi sector rose 1.40%, Bitcoin Cash (BCH) rising 2.92%; CeFi sector rose 1.29%, Hyperliquid (HYPE) rising 2.25%; DeFi sector rose 0.99%, Chainlink (LINK) rising 3.20%. The crypto sector index reflecting the historical market of the sector shows that the ssiRWA, ssiMeme, and ssiNFT indexes rose by 6.98%, 3.98%, and 2.67%, respectively.
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