The crypto market saw widespread declines, with BTC falling below $77,000. Only the DeFi and SocialFi sectors remained relatively resilient.

CoinFeed reported on May 18th that, according to SoSoValue data, the cryptocurrency market generally declined. Bitcoin (BTC) fell 1.19%, dropping below $77,000; Ethereum (ETH) fell 2.71%, dropping below $2,200. Only the DeFi and SocialFi sectors remained relatively resilient, rising 1.18% and 2.40% respectively in the past 24 hours. Within the DeFi sector, Block Street (BSB) rose 42.25%, and Hyperliquid (HYPE) rose 10.51%. Within the SocialFi sector, Toncoin (TON) rose 4.12%.