Crypto Market Cap Falls 3.05% to $2.75 Trillion as Bitcoin Rises

Crypto market capitalization fell 3.05% over 24 hours to $2.75 trillion by 9 a.m. ET (13:00 UTC) Oct. 19, even as six major assets gained.

Bitcoin (BTC) rose 0.75% to $82,600 and accounted for 60.2% of total crypto market value. Ether (ETH) gained 0.27% to $2,424, with a 10.7% market share. Trading volume across the market totaled $71.82 billion over 24 hours.

Solana (SOL) had the largest gain among the six major assets, rising 1.18% to $105.29. XRP (XRP) added 1.13% to $1.31, BNB (BNB) climbed 0.71% to $728.41, and Dogecoin (DOGE) increased 0.53% to $0.0798.

The gains differed from the Oct. 17 market snapshot, when all six assets had declined over 24 hours. Total capitalization was also $2.75 trillion in that snapshot.

Moves varied more widely across the top 39 assets. Arbitrum (ARB) led that group with a 7.57% increase, while Hedera (HBAR) posted its steepest decline, falling 4.77%.

On Binance, Bybit and OKX, $243.4 million in positions were liquidated over 24 hours. Long positions made up $137.5 million of the total, exceeding the $105.9 million in short positions.