The cryptocurrency market faced significant declines, with Bitcoin (BTC) dropping 2.21% to fall below $67,000 and Ethereum (ETH) declining 3.92% to under $2,000, according to SoSoValue data. The SocialFi sector led the downturn with a 6.25% drop, highlighted by Toncoin (TON) falling 6.97% and Chiliz (CHZ) decreasing 4.16%. Other sectors also experienced losses: CeFi fell 1.16%, with Cronos (CRO) down 3.47%; DeFi dropped 1.74%, although Hyperliquid (HYPE) rose 3.51%; Layer1 decreased 2.28%, with Zcash (ZEC) down 5.13%; Layer2 declined 2.71%, with Starknet (STRK) falling 6.06%; PayFi dropped 3.38%, with Dash (DASH) down 5.94%; Meme tokens fell 3.6%, though BUILDon (B) rose 1.97%. Despite the declines, the ssiSocialFi, ssiAI, and ssiDePIN indices showed historical performance gains of 6.70%, 5.22%, and 4.72%, respectively.