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Crypto Market Fell 1.69% to $2.50 Trillion as Bitcoin Rose

Bitcoin gained 0.92% to $74,630 in the Wednesday reading, but all six listed major assets were lower by 09:09 UTC Thursday.

Updated 2 min read
A commuter checks cryptocurrency prices on a phone in Lower Manhattan, New York. / EconoTimes.ai
A commuter checks cryptocurrency prices on a phone in Lower Manhattan, New York. / EconoTimes.ai

A 1.69% fall in total crypto market value to $2.50 trillion on Wednesday contrasted with gains for Bitcoin (BTC) and five other major assets, though all six were lower by Thursday morning.

The reading, taken at 4:05 p.m. ET Wednesday (21:05 UTC), put Bitcoin at $74,630, up 0.92% over its 24-hour window. Bitcoin represented 59.9% of total market capitalization, while Ether (ETH) accounted for 10.1%.

Among the five other major coins, Solana posted the biggest gain at 1.87%, while XRP recorded the smallest at 0.26%. Ether rose 0.78%, BNB 1.30% and Dogecoin 1.11%.

At 4:09 a.m. ET Thursday (09:09 UTC), CoinGecko and exchange spot data put Bitcoin at $73,369, down 0.50% over the latest 24 hours. This was a separate 24-hour window from Wednesday’s snapshot. As of 09:09 UTC Thursday, Ether was $2,042.82, down 0.75%; XRP was $1.04, down 1.23%; BNB was $671.01, down 1.32%; Solana was $82.76, down 0.26%; and Dogecoin was $0.0668, down 1.39%.

The Wednesday reading logged $65.41 billion in crypto trading. Short positions made up $72.8 million of the $122.9 million liquidated on Binance, Bybit and OKX over 24 hours; long positions accounted for $50.1 million.

Across the 39 assets tracked, Internet Computer (ICP) rose 6.71%, while Pepe (PEPE) fell 10.23%. Bitcoin’s gain alongside a broader market decline also appeared in a Nov. 5 snapshot.

A Nov. 10 EconoTimes snapshot put total crypto value at $2.48 trillion after a separate 4.31% decline; its 24-hour measurement covered a different period.

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