Crypto Market Cap Falls 7.77% to $2.57 Trillion as Liquidations Hit $736.6 Million

Crypto market capitalization fell 7.77% to $2.57 trillion in the 24 hours through 12:01 a.m. ET Nov. 6, as Bitcoin and five other major tokens declined and liquidations reached $736.6 million.

Bitcoin (BTC) traded at $75,766, down 5.83% over the period. Marketwide trading volume reached $105.30 billion. Bitcoin's decline was smaller than the overall market's drop.

Ether (ETH) was $2,233, down 7.83%. XRP fell 7.87% to $1.20, the steepest loss among the six major assets in the snapshot. Solana (SOL) dropped 6.70% to $89.49, Dogecoin (DOGE) declined 6.54% to $0.0717, and BNB fell 2.97% to $693.29, the smallest loss in the group.

Bitcoin dominance was 59.2%, and Ether dominance was 10.6%. Among the top 39 assets, Arbitrum (ARB) gained 1.71%, the best performance, while Ethena (ENA) fell 9.70%, the largest decline.

Liquidations across Binance, Bybit and OKX totaled $736.6 million over 24 hours. Long positions accounted for $662.1 million, compared with $74.5 million in short positions.