Crypto Market Value Falls 3.04% to $2.56 Trillion as Bitcoin Slips

Total crypto market capitalization fell 3.04% over 24 hours to $2.56 trillion at 4:01 p.m. ET (21:01 UTC) Nov. 7, outpacing a 0.25% drop in Bitcoin (BTC).

BTC traded at $75,715. Trading volume across the crypto market was $33.02 billion over 24 hours. Bitcoin accounted for 59.3% of total market value, while Ether (ETH) accounted for 10.6%.

ETH traded at $2,230, down 0.04% over 24 hours. XRP was at $1.16, down 1.54%, while BNB rose 0.28% to $695.57. BNB was the only gainer among the six major assets in the snapshot.

Solana (SOL) fell 1.00% to $89.10, and Dogecoin (DOGE) declined 1.69% to $0.0714. DOGE had the largest percentage loss of the six, followed by XRP and SOL.

Among the top 39 assets, Uniswap (UNI) had the largest gain at 2.73%, while Pump.fun (PUMP) had the largest decline at 8.27%.

Liquidations across Binance, Bybit and OKX totaled $47.4 million over 24 hours. Long positions accounted for $34.9 million, compared with $12.5 million in short positions.