Crypto Market Cap Falls 2.90% to $2.46 Trillion as Tokens Decline

The global crypto market lost 2.90% to $2.46 trillion by 12:05 a.m. ET Thursday, with all six listed major assets lower and 24-hour trading volume at $63.31 billion.

At 12:05 a.m. ET Thursday (05:05 UTC), Bitcoin (BTC) was $73,649, down 0.23% over 24 hours. Ether (ETH) was at $2,047, down 0.93%; XRP was $1.04, down 1.38%; and BNB stood at $675.46, down 0.95%. Solana (SOL) was $82.91, down 0.02%, while Dogecoin (DOGE) was $0.0671, down 1.60%. Bitcoin and Solana had the smallest declines among the six; Dogecoin had the largest.

Bitcoin accounted for 59.9% of the market, while Ether represented 10.1%. Among the top 39 tokens, Gram (GRAM) gained 3.24%, the strongest performance, while Pepe (PEPE) fell 13.96%, the steepest loss.

Liquidations on Binance, Bybit and OKX totaled $176.8 million over 24 hours. Long positions accounted for $112.3 million of the total, compared with $64.5 million in short positions.