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Crypto Market Cap Falls 3.75% to $2.73 Trillion as Liquidations Reach $278.1 Million

Picture: TokenPost

Total crypto market capitalization fell 3.75% to $2.73 trillion by 1:06 a.m. ET Oct. 24 (05:06 UTC), outpacing Bitcoin’s 1.01% decline as all six major coins in the snapshot fell. Trading volume over the same 24-hour period was $64.94 billion. At 1:06 a.m. ET Oct. 24 (05:06 UTC), Bitcoin (BTC) traded at $80,854. Its decline was 2.74 percentage points narrower than the market’s loss. BTC represented 59.4% of the market, while Ether (ETH), down 0.68% at $2,381, accounted for 10.6%. XRP had the largest decline among the six major coins, falling 2.18% to $1.29.

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