Cryptocurrency stocks generally rose, with GameFi leading the gains at 4.64%.

PANews reported on January 27th that, according to SoSoValue data, the overall cryptocurrency market is trending upwards. The GameFi sector, which saw significant declines yesterday, rebounded, rising 4.64% in the last 24 hours. Within the sector, Axie Infinity (AXS) surged 36.94%, Ronin (RON) rose 12.36%, and The Sandbox (SAND) climbed 3.49%. Meanwhile, Bitcoin (BTC) rose 1.23%, surpassing $88,000, and Ethereum (ETH) increased 1.70%, breaking through $2,900.

In other sectors, the DeFi sector rose 3.32% in the last 24 hours, with Hyperliquid (HYPE) up 13.72%; the Layer 2 sector rose 1.63%, with Linea (LINEA) up 10.36%; the Layer 1 sector rose 1.54%, with Zcash (ZEC) up 7.62%; the PayFi sector rose 1.54%, with Dash (DASH) up 4.35%; the Meme sector rose 1.40%, with Pump.fun (PUMP) up 9.61%; and the CeFi sector rose 1.19%, with Aster (ASTER) up 5.25%.