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

CoinFeed reported on June 2nd that, according to SoSoValue data, the cryptocurrency market generally declined. The PayFi sector 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 rose against the trend, gaining 7.03% in the past 24 hours. Within the sector, Toncoin (TON) rose 4.18%, and Chiliz (CHZ) rose 5.71%.