Crypto Market Cap Falls 3.95% to $2.71 Trillion as Six Major Assets Decline

Crypto market capitalization fell 3.95% to $2.71 trillion by 9 a.m. ET (13:00 UTC) Thursday, Oct. 29, as all six major assets in the snapshot posted 24-hour losses.

Bitcoin (BTC) traded at $80,084, down 0.84%. Ether (ETH) was at $2,324, down 0.71%, while XRP (XRP) fell 2.10% to $1.29. BNB (BNB) declined 1.78% to $741.50, Solana (SOL) dropped 0.99% to $100.58, and Dogecoin (DOGE) slipped 0.42% to $0.0790. Bitcoin accounted for 59.4% of total market value, compared with 10.5% for Ether. Trading volume over the period was $72.52 billion.

Among the top 39 assets, Hyperliquid (HYPE) gained 11.26% over 24 hours, the strongest performance in the group. Bitcoin Cash (BCH) fell 5.81%, the steepest decline.

Liquidations across Binance, Bybit and OKX totaled $196.1 million over the same 24-hour window. Long liquidations were $112.4 million, compared with $83.7 million in short liquidations.