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Bitcoin Advances 0.31% as Crypto Market Value Shrinks 2.75%

Liquidations on Binance, Bybit and OKX totaled $195.6 million, including $150.6 million in long positions.

Updated 1 min read
A pedestrian checks a phone on a Lower Manhattan sidewalk after midnight. / EconoTimes.ai
A pedestrian checks a phone on a Lower Manhattan sidewalk after midnight. / EconoTimes.ai

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In the 24-hour snapshot ending at 1 a.m. ET Sunday, Oct. 18 (05:00 UTC), crypto's total value fell 2.75% to $2.76 trillion while Bitcoin (BTC) added 0.31% to $81,801.

Bitcoin's portion of total market value stood at 59.5%, against 10.7% for Ether (ETH). Ether lost 0.44% to $2,416; XRP slid 0.92% to $1.30, and BNB eased 0.25% to $720.43. Solana (SOL) finished at $103.80 after a 0.94% drop, while Dogecoin (DOGE) fell 1.30% to $0.0794. Bitcoin was the sole gainer among the six assets named.

Worldcoin (WLD) dropped 8.25% among the top 38 cryptocurrencies. Hedera (HBAR) rose 2.11% in the same group. Liquidations on Binance, Bybit and OKX reached $195.6 million during the 24-hour period. Long positions made up $150.6 million; short positions accounted for $45 million.

At noon ET (16:00 UTC) Saturday, Oct. 17, 76 of 90 tracked assets were lower and Bitcoin was nearly unchanged in an earlier EconoTimes market snapshot.

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