PANews reported on April 16th that, according to SoSoValue data, expectations of a US-Iran ceasefire boosted market confidence, leading to a general rebound in the crypto market. The GameFi sector performed particularly well, rising 5.38% in the last 24 hours. Among them, Enjin Coin (ENJ) surged 50.96%, and ImmutableX (IMX) rose 9.13%. Meanwhile, Bitcoin (BTC) rose 0.07%, fluctuating narrowly around $74,000; Ethereum (ETH) rose 0.73%, remaining above $2,300.

In other sectors, Layer 2 rose 3.39% in the last 24 hours, with Starknet (STRK) up 8.36%; PayFi rose 2.31%, with XRP (XRP) up 2.87%; Meme rose 2.08%, with SPX6900 (SPX) up 6.63%; AI rose 1.75%, with Siren (SIREN) up 18.99%; DeFi rose 1.35%, with EdgeX (EDGE) up 13.05%; Layer 1 rose 0.88%, with Algorand (ALGO) up 3.59%; and CeFi rose 0.66%, with Gate (GT) up 2.60%.