Crypto Market Cap Falls 8.34% to $2.55 Trillion as Bitcoin Slips

Total crypto market capitalization fell 8.34% to $2.55 trillion in the 24 hours through 8:01 a.m. ET (13:01 UTC) Friday, Nov. 6, outpacing Bitcoin’s 4.66% decline to $75,992.

Marketwide trading volume was $105.10 billion. Ether (ETH) traded at $2,238, down 6.58%, while XRP fell 9.08% to $1.19. BNB (BNB) declined 2.22% to $695.46, Solana (SOL) lost 5.54% to $90.14, and Dogecoin (DOGE) dropped 4.82% to $0.0723. Among the six named assets, XRP had the largest decline and BNB the smallest.

Bitcoin represented 59.8% of total market capitalization, while Ether accounted for 10.7%. World Liberty Financial (WLFI) rose 5.41%, the best performance among the top 39 crypto assets.

Liquidations across Binance, Bybit and OKX totaled $721.0 million over 24 hours. Long liquidations were $636.6 million, compared with $84.5 million in short liquidations.