Crypto Market Cap Falls to $2.79 Trillion as Bitcoin Gains 1.02%

The crypto market’s value fell 1.83% to $2.79 trillion over 24 hours even as Bitcoin (BTC) rose 1.02%, leaving six major cryptocurrencies higher in the Oct. 21 snapshot. Bitcoin traded at $82,915 at 1:05 a.m. ET (05:05 UTC). Marketwide trading volume reached $79.49 billion over 24 hours. Bitcoin accounted for 59.5% of total crypto market capitalization, while Ether (ETH) held 10.7%. Liquidations on Binance, Bybit and OKX totaled $198.8 million during the same 24-hour period. Short positions accounted for $136.5 million, more than twice the $62.3 million in long positions. Ether gained 1.60% to $2,450, while XRP (XRP) rose 2.24% to $1.34. BNB (BNB) climbed 1.51% to $743.00. Each posted a larger percentage gain than Bitcoin over the measured period.

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