Bitcoin Climbs to $82,849 as Crypto Market Cap Falls 1.48%

Bitcoin (BTC) rose 0.95% to $82,849 at 5:05 p.m. ET (21:05 UTC) Oct. 20, diverging from a 1.48% drop in total crypto market capitalization.

The market’s combined value was $2.79 trillion, with $81.57 billion in trading volume over 24 hours. Bitcoin accounted for 59.5% of that value, compared with 10.7% for Ether (ETH).

Bitcoin’s price and total crypto market capitalization were above their levels during the Oct. 18 market decline, when Bitcoin traded at $80,967 and total crypto market value stood at $2.70 trillion.

Other major assets gained over the latest 24-hour period. Ether rose 1.92% to $2,450, while XRP (XRP) gained 2.33% to $1.33. BNB (BNB) climbed 1.52% to $740.26, Solana (SOL) rose 1.93% to $106.72, and Dogecoin (DOGE) added 3.06% to $0.0819.

Among the 39 assets in the snapshot, Worldcoin (WLD) led with a 14.31% gain. Morpho (MORPHO) had the largest decline, falling 2.41%.

Liquidations across Binance, Bybit and OKX totaled $225.3 million over 24 hours. Short positions accounted for $130.2 million, exceeding the $95.1 million in long positions.