Cryptocurrency Market Sees Broad Pullback, BTC Briefly Falls Below $74,000, Only SocialFi Sector Remains Relatively Resilient

2026-03-18 02:36

According to SoSoValue data, the overall cryptocurrency market is showing a correction trend. The RWA sector led the decline, falling 3.92% in 24 hours, with Ondo Finance (ONDO) down 2.76% and Pendle (PENDLE) down 3.12%. Meanwhile, Bitcoin (BTC) fell 1.92%, briefly dropping below $74,000; Ethereum (ETH) fell 1.30%, declining to just above $2,300.

Only the SocialFi sector remained relatively resilient, rising 0.54% in 24 hours. Within the sector, Toncoin (TON) rose 1.20%.

In other sectors, the DeFi sector fell 0.39% in 24 hours, but River (RIVER) rose 12.22%; the Layer1 sector fell 0.53%, with Kaspa (KAS) showing relative strength within the sector, rising 9.87%; the Meme sector fell 1.02%, while Siren (SIREN) bucked the trend and surged 29.79%; the CeFi sector fell 1.77%, with Cronos (CRO) down 3.19%; the Layer2 sector fell 2.14%, while zkSync (ZK) saw a brief intraday rally of 2.16%; the PayFi sector fell 2.63%, with XRP down 3.51%.

The cryptocurrency sector indices reflecting historical sector performance show that the ssiSocialFi index rose 0.77%, the ssiRWA index fell 4.04%, and the ssiPayFi index fell 2.64%.