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Crypto Market Cap Falls 3.56% to $2.71 Trillion as Bitcoin Trades at $80,320

Bitcoin's 0.83% decline was smaller than losses in four other major assets, while BNB gained 1.25%.

Mentioned assets
Six metal tokens tilt across a black balance beam / TokenPost.ai
Six metal tokens tilt across a black balance beam / TokenPost.ai

Crypto market value slid 3.56% to $2.71 trillion by 1:03 a.m. ET Thursday as Bitcoin fell less than most major tokens and liquidations across three crypto exchanges reached $205.8 million.

Bitcoin (BTC) traded at $80,320, down 0.83% over 24 hours. Trading volume for the period was $72.33 billion. The latest capitalization reading matched the level in an Oct. 27 market update, when BTC was up 0.10% over 24 hours.

BNB was the only gainer among the six major assets listed, rising 1.25% to $755.84. Ether (ETH) fell 1.32% to $2,325; XRP dropped 2.29% to $1.30; Solana (SOL) declined 1.66% to $100.33; and Dogecoin (DOGE) lost 1.64% to $0.0784.

Among the top 39 cryptocurrencies, Pepe (PEPE) rose 4.55%, the largest gain, while Bitcoin Cash (BCH) fell 5.94%, the steepest decline. Bitcoin represented 59.5% of total market capitalization, compared with 10.5% for Ether.

Liquidations across Binance, Bybit and OKX totaled $205.8 million over 24 hours, including $114.8 million in long liquidations and $91.1 million in short liquidations.

Enna Lee

Reporter

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

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