Crypto Market Cap Falls 6.92% as Bitcoin and Ethereum Decline

Token Times Market Desk — Total crypto market capitalization fell 6.92% over 24 hours to $2.59 trillion, according to the market snapshot. The move reflects a broadly negative session across the digital-asset market.

Bitcoin declined 5.21% to $76,183 over 24 hours, while Ethereum fell 6.91% to $2,259.48. Coinfonomy also reported Bitcoin moving below $76,000 in coverage that cited $550 million in longs.

No assets recorded gains above the snapshot’s biggest-gainer threshold, leaving the gainers list empty. The available data therefore identifies no clear market leader among the assets tracked for notable appreciation.

Official Trump was the largest listed loser, falling 16.75% over 24 hours and 32.27% over seven days. TLT linked the decline to Democrats winning the midterms, concerns about a probe into Trump’s crypto ventures and weakness in political meme coins amid broader selling. Grass fell 15.97%, Ether.fi declined 12.69% and Midnight lost 12.38%; TLT said no single clear catalyst was found for those three declines.

Bitcoin dominance remained approximately 59.2%. The Fear & Greed index stood at 50, classified as Neutral, even as the reported market capitalization, Bitcoin price and Ethereum price all declined over the preceding 24 hours.

Recent coverage included Ripple minting $110 million in RLUSD after a sudden supply drop and Solana Labs launching a mobile app for trading tokenized stocks and crypto. Other headlines concerned XRP Ledger closing a loophole for token burners, Binance revoking SignalPlus API keys and Qualcomm reporting a 26% decline in phone-chip sales alongside 89% growth in automotive revenue.