Bitcoin Gains 2.9% to $83,802 as Crypto Market Cap Edges Lower

At 9:05 a.m. ET (13:05 UTC) Wednesday, Oct. 21, Bitcoin climbed 2.90% to $83,802 as four other major tokens rose more, while total crypto market capitalization slipped 0.32% to $2.81 trillion.

XRP led the six major assets, rising 5.03% to $1.36. Dogecoin gained 4.18% to $0.0825, and Ether advanced 3.95% to $2,485. Solana rose 3.00% to $107.48, while BNB added 2.47% to $747.92. The reading followed Tuesday's snapshot, when five of the six major assets declined.

Among the top 39 crypto assets, Zcash (ZEC) had the largest gain at 15.03%. Morpho (MORPHO) fell 0.91%, the steepest decline in that group. Bitcoin represented 59.6% of the crypto market, compared with 10.7% for Ether.

Liquidations across Binance, Bybit and OKX totaled $213.6 million over 24 hours. Short liquidations were $160.2 million, while long liquidations reached $53.5 million.