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Crypto Market Cap Falls 4.21% to $2.29 Trillion as Bitcoin Drops

Bitcoin fell 2.28% over 24 hours. Liquidations on Binance, Bybit and OKX totaled $437.3 million.

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Six metal medallions rest at angles along a tilted steel beam / TokenPost.ai
Six metal medallions rest at angles along a tilted steel beam / TokenPost.ai

The crypto market shed 4.21% of its value to $2.29 trillion by 12:02 a.m. ET Nov. 14 (05:02 UTC), as Bitcoin (BTC) fell 2.28% and all six major assets in the snapshot declined.

Bitcoin traded at $66,957. Marketwide trading volume reached $88.98 billion over 24 hours. Bitcoin represented 58.8% of total crypto market capitalization, compared with 10.1% for Ether (ETH), which fell 1.47% to $1,895.

XRP (XRP) declined 1.18% to $0.994, while BNB (BNB) fell 2.48% to $616.35. Solana (SOL) had the largest loss among the six, dropping 3.88% to $75.39. Dogecoin (DOGE) was down 0.79% to $0.0629, the smallest decline in the group.

A Nov. 12 market snapshot put total capitalization at $2.41 trillion, down 5.79% over 24 hours.

Among the top 39 assets, Pump.fun (PUMP) gained 3.73%, the strongest performance, while Gram (prev. Toncoin) (GRAM) fell 7.31%, the steepest decline.

Liquidations across Binance, Bybit and OKX totaled $437.3 million over 24 hours. Long liquidations accounted for $331.7 million, compared with $105.6 million in short liquidations.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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