Crypto Market Cap Falls 3.65% to $2.71 Trillion in 24 Hours

Total crypto market capitalization fell 3.65% to $2.71 trillion by 5:06 p.m. ET (21:06 UTC) Saturday, Oct. 24, as Bitcoin and five other major assets posted 24-hour losses.

Bitcoin (BTC) traded at $80,427, down 1.24% over 24 hours. Crypto-market trading volume reached $62.53 billion. Bitcoin represented 59.5% of total market capitalization, compared with Ether's 10.5% share.

Ether (ETH) fell 2.55% to $2,342. XRP (XRP) declined 1.25% to $1.29, and BNB (BNB) dropped 1.35% to $732.59. Solana (SOL) lost 2.50% to $101.41, while Dogecoin (DOGE) fell 2.77% to $0.0771.

Dogecoin had the largest decline among the six assets, while Bitcoin's loss was the smallest. Each of the six named assets fell less than the overall market capitalization.

Among the 39 largest assets, Aster (ASTER) gained 0.89%, the strongest performance. Worldcoin (WLD) fell 9.57%, the steepest decline.

Liquidations on Binance, Bybit and OKX totaled $441.2 million over 24 hours. Long liquidations accounted for $389.3 million, while short liquidations totaled $51.9 million.