The cryptocurrency market is generally experiencing a pullback, with the SocialFi sector rising by over 7% against the trend, and BTC falling below $71,000.

According to SoSoValue data on June 2nd, the cryptocurrency market sectors generally declined. The PayFi sector fell by 4.15% in 24 hours, with XRP down 3.26% and Stellar (XLM) down 11.45%. However, Ultima (ULTIMA) rose against the trend, increasing by 2.79%. Meanwhile, Bitcoin (BTC) fell by 3.60%, dropping below $71,000, and Ethereum (ETH) fell by 0.92%, dropping below $2,000. However, the SocialFi sector rose against the trend, increasing by 7.03% in 24 hours. Within the sector, Toncoin (TON) rose by 4.18% and Chiliz (CHZ) rose by 5.71%. The AI sector increased by 3.13%, with Worldcoin (WLD) up 18.53%. The DeFi sector rose by 2.98%, with Hyperliquid (HYPE) up 1.76% and LAB (LAB) up 64.79%. The Meme sector rose by 1.09%, with Siren (SIREN) up 15.38%. In other sectors, Layer1 fell by 1.09%, with NEAR Protocol (NEAR) surging 14.22% intraday. The CeFi sector fell by 1.47%, with Binance Coin (BNB) down 1.94%. The Layer2 sector fell by 2.31%, with Optimism (OP) remaining relatively strong, rising 2.88%.