Crypto Market Capitalization Falls 6.31% to $2.71 Trillion

Crypto assets fell across major benchmarks Thursday morning, with total market capitalization down 6.31% to $2.71 trillion as Bitcoin and five other large tokens declined. Bitcoin (BTC) traded at $80,564 at 9 a.m. ET (13:00 UTC) Thursday, Oct. 15, down 2.66% over 24 hours. Ether (ETH) fell more sharply, while Bitcoin accounted for 59.5% of total crypto market capitalization, compared with Ether’s 10.5% share. The move extends an earlier crypto market decline , when capitalization fell about $92 billion to $2.82 trillion. Ether traded at $2,351, down 5.12%. XRP (XRP) fell 4.41% to $1.30, BNB (BNB) declined 2.64% to $717.91, Solana (SOL) dropped 3.61% to $101.72, and Dogecoin (DOGE) slipped 4.47% to $0.0796. The market’s 6.31% decline exceeded the drop in each of these six assets.

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