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Crypto Market Cap Falls 2.19% to $2.62 Trillion as Liquidations Reach $258.5 Million

Bitcoin gained 0.48% and Ether rose 0.94%, while long liquidations accounted for $177.2 million of the 24-hour total.

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Closed doors frame a quiet corridor inside the Capitol. / TokenPost.ai
Closed doors frame a quiet corridor inside the Capitol. / TokenPost.ai

Crypto market capitalization fell 2.19% to $2.62 trillion at 12:01 a.m. ET (05:01 UTC) Nov. 4 as $258.5 million in liquidations accompanied mixed moves across major tokens.

Bitcoin (BTC) traded at $77,301 at 12:01 a.m. ET Nov. 4 (05:01 UTC), up 0.48% over 24 hours. Ether (ETH) gained 0.94% to $2,278, while XRP rose 1.32% to $1.27. BNB slipped 0.46% to $693.82, Solana (SOL) edged down 0.03% to $92.20, and Dogecoin (DOGE) fell 0.09% to $0.0741. Three of the six assets rose and three declined.

Marketwide trading volume was $69.47 billion over the same 24-hour period. Bitcoin represented 59.3% of total crypto market value, while Ether accounted for 10.6%.

Among the top 39 assets, Pump.fun (PUMP) had the largest gain, rising 8.25%. Bitcoin Cash (BCH) had the steepest decline, falling 1.99%.

Liquidations across Binance, Bybit and OKX totaled $258.5 million over 24 hours. Long liquidations made up $177.2 million of the total, compared with $81.3 million in short liquidations.

A Nov. 2 market snapshot also put total crypto capitalization at $2.62 trillion, then down 2.92% over 24 hours.

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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