Bitcoin Gains 0.31% as Crypto Market Cap Slides 2.75% in 24 Hours

Bitcoin (BTC) rose 0.31% to $81,801 by 1 a.m. ET (05:00 UTC) Oct. 18, even as the crypto market’s total value dropped 2.75% to $2.76 trillion.

Bitcoin represented 59.5% of the market, while Ether (ETH) accounted for 10.7%. Ether traded at $2,416, down 0.44% over 24 hours. XRP was at $1.30, down 0.92%, and BNB stood at $720.43, down 0.25%.

Solana (SOL) fell 0.94% to $103.80, while Dogecoin (DOGE) declined 1.30% to $0.0794. Bitcoin was the only one of the six major assets listed here to gain. Dogecoin had the steepest percentage decline among the five that fell, while BNB had the smallest.

Among the top 38 cryptocurrencies, Hedera (HBAR) was the strongest performer, rising 2.11%. Worldcoin (WLD) was the weakest, falling 8.25%.

Liquidations totaled $195.6 million over 24 hours across Binance, Bybit and OKX. Long positions made up $150.6 million of the total, compared with $45 million in short liquidations.