Crypto markets rallied across the board, with the PayFi sector leading the gains at over 9%, and ETH breaking through $2,900.

Fueled by factors such as the increased probability of a Federal Reserve rate cut in December reaching 85%, the cryptocurrency market rallied across the board, with most stocks rising between 2% and 9% in the past 24 hours. The PayFi sector led the gains at 9.03%, with XRP (XRP) rising 11.00% and Telcoin (TEL) rising 3.61%. Additionally, Bitcoin (BTC) rose 1.67%, surpassing $87,000, and Ethereum (ETH) rose 5.60%, surpassing $2,900.