Total Crypto Market Capitalization Falls 2.71% to $2.60T

At 4:01 p.m. ET Monday, Nov. 2 (21:01 UTC), Bitcoin (BTC) traded at $76,773, down 1.48% in 24 hours as crypto market value retreated 2.71% to $2.60 trillion.

The marketwide capitalization loss exceeded BTC’s decline. Crypto trading volume for the 24-hour period was $67.99 billion. Ether (ETH) stood at $2,249, down 0.69%, while XRP (XRP) was $1.25 after a 0.21% decline. BNB (BNB) slipped 1.80% to $695.87, Solana (SOL) fell 2.92% to $91.63, and Dogecoin (DOGE) dropped 1.98% to $0.0739.

Solana had the steepest loss among the six listed coins, while XRP had the smallest. Bitcoin represented 59.3% of total crypto capitalization, and Ether accounted for 10.5%.

TRON (TRX) gained 1.76%, the strongest performance among the top 39 cryptocurrencies. NEAR Protocol (NEAR) fell 9.55%, the largest decline in that group. A previous crypto market snapshot put total capitalization at $2.71 trillion on Oct. 27, when Bitcoin was up 0.10% over 24 hours.

Liquidations on Binance, Bybit and OKX reached $247 million over 24 hours. Long liquidations totaled $188.4 million, compared with $58.6 million in short liquidations.