Crypto Market Cap Falls 4.47% to $2.68 Trillion as Bitcoin Trades at $80,098

The global crypto market shed 4.47% of its value to $2.68 trillion over 24 hours by 1:08 a.m. ET (05:08 UTC) Oct. 26, while Bitcoin (BTC) fell 1.01% to $80,098.

Trading volume reached $49.27 billion during the same 24-hour period. Bitcoin accounted for 60.0% of total crypto market capitalization, while Ether (ETH) represented 10.6%.

All six major tokens listed were lower. Ether posted the biggest decline in the group, falling 1.87% to $2,323. XRP dropped 1.71% to $1.29, and Solana (SOL) lost 1.12% to $101.37. BNB and Dogecoin (DOGE) each fell 0.73%, to $742.08 and $0.0772, respectively.

Among the top 39 cryptocurrencies, Ethena (ENA) gained 6.43%, the strongest performance in the group. Worldcoin (WLD) fell 4.60%, the steepest decline among those assets.

Liquidations on Binance, Bybit and OKX totaled $117.8 million over 24 hours. Long liquidations made up $86.9 million of the total, while short liquidations reached $30.9 million.