The crypto market generally corrected, but the SocialFi sector bucked the trend, rising over 7%, while BTC fell below $71,000.

PANews reported on June 2nd that, according to SoSoValue data, the cryptocurrency market generally declined. PayFi fell 4.15% in the past 24 hours, XRP fell 3.26%, and Stellar (XLM) fell 11.45%, but Ultima (ULTIMA) bucked the trend, rising 2.79%. Meanwhile, Bitcoin (BTC) fell 3.60%, dropping below $71,000; Ethereum (ETH) fell 0.92%, dropping below $2,000.

However, the SocialFi sector bucked the trend, rising 7.03% in the last 24 hours. Within the sector, Toncoin (TON) rose 4.18%, and Chiliz (CHZ) rose 5.71%. The AI ​​sector rose 3.13%, with Worldcoin (WLD) rising 18.53%. The DeFi sector rose 2.98%, with Hyperliquid (HYPE) rising 1.76% and LAB (LAB) rising 64.79%. The Meme sector rose 1.09%, with Siren (SIREN) rising 15.38%.

In other sectors, Layer 1 fell 1.09%, with NEAR Protocol (NEAR) rising 14.22% intraday; CeFi fell 1.47%, with Binance Coin (BNB) falling 1.94%; Layer 2 fell 2.31%, with Optimism (OP) relatively strong, rising 2.88%.

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Author: PA一线

This content is for market information only and is not investment advice.

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