1 min read
Add as a preferred source on Google

Bitcoin Drops to $81,429 as Five of Six Major Crypto Assets Fall

Total crypto market capitalization fell 3.25% over 24 hours to $2.75 trillion, while long liquidations exceeded shorts.

Mentioned assets
Five metal tokens descend beneath one standing alone / TokenPost.ai
Five metal tokens descend beneath one standing alone / TokenPost.ai

Bitcoin (BTC) traded at $81,429 Tuesday morning as five of six major crypto assets declined, while total market capitalization fell 3.25% over 24 hours to $2.75 trillion.

The snapshot, taken at 9:03 a.m. ET (13:03 UTC) Oct. 20, showed Bitcoin down 1.52% over 24 hours. Marketwide trading volume was $66.96 billion. Bitcoin represented 59.5% of total market value, while Ether (ETH) accounted for 10.6%.

Ether fell 1.57% to $2,389. XRP (XRP) declined 1.30% to $1.30, Solana (SOL) lost 1.18% to $104.20, and Dogecoin (DOGE) slipped 1.13% to $0.0791. BNB rose 0.13% to $729.81, making it the only gainer among the six.

Bitcoin stood at $82,600 in Monday's market snapshot, when all six assets gained. Total market capitalization was also $2.75 trillion in that snapshot.

Among the top 39 crypto assets, Worldcoin (WLD) posted the largest 24-hour gain at 7.83%. NEAR Protocol (NEAR) had the largest decline at 7.26%.

Liquidations on Binance, Bybit and OKX totaled $122.2 million over 24 hours. Long positions accounted for $87.0 million, compared with $35.2 million in short positions.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…