The crypto market moved modestly over the last 24 hours. Bitcoin rose 1.3% to $78,392 and Ethereum added 1.5% to $2,318. Overall market value slipped 1.7% to $2.64 trillion.
Market snapshot
Bitcoin remains the dominant asset with a 59.4% share of total market cap, while Ethereum accounts for 10.7%. Both majors posted small gains, yet their 7-day changes stay negative, with Bitcoin down 3.7% and Ethereum down 2.0% over the week. The total market cap of $2.64 trillion reflects a 1.7% decline from the previous day, indicating a slight contraction across the sector.
Other large coins showed mixed performance. Solana traded at $92.82, up 0.1% but down 9.8% over seven days. XRP held at $1.28, gaining 0.2% while falling 3.5% weekly. BNB stayed near $700, up 0.1% but down 8.1% in the past week. The breadth metric shows 55 of 76 large coins rose, suggesting more winners than losers despite the overall cap decline.
| Asset | Price | 24h | 7d |
|---|---|---|---|
| Bitcoin (BTC) | $78,392 | +1.3% | -3.7% |
| Ethereum (ETH) | $2,318 | +1.5% | -2.0% |
| Solana (SOL) | $92.82 | +0.1% | -9.8% |
| XRP (XRP) | $1.28 | +0.2% | -3.5% |
| BNB (BNB) | $700 | +0.1% | -8.1% |
| Total crypto market cap | $2.64 trillion | -1.7% | -3.4% (top 100) |
| Bitcoin dominance | 59.4% |
Prices from CoinGecko at the time of writing (November 4, 2026).
Top movers today
Among the biggest gainers, Bitway led with an 11.4% rise to $1.10, followed by Pearl at +8.7% ($1.49) and POL (ex-MATIC) up 8.3% to $0.0953. Zcash and Lighter also posted strong gains of 7.8% and 7.5% respectively. On the losing side, Rain fell 5.0% to $0.00602, while World Liberty Financial dropped 3.2% to $0.0495. Mantle, MemeCore, and Pi Network each slipped between 1.5% and 3.0%.
All top gainers are smaller-cap tokens, which often experience larger percentage moves. The losers include both niche projects and more established tokens, reflecting a broad range of market sentiment.
| Top gainers | 24h | Top losers | 24h |
|---|---|---|---|
| Bitway (BTW) | +11.4% | Rain (RAIN) | -5.0% |
| Pearl (PEARL) | +8.7% | World Liberty Financial (WLFI) | -3.2% |
| POL (ex-MATIC) (POL) | +8.3% | Mantle (MNT) | -3.0% |
| Zcash (ZEC) | +7.8% | MemeCore (M) | -2.7% |
| Lighter (LIT) | +7.5% | Pi Network (PI) | -1.5% |
Among the top 100 coins by market cap, excluding stablecoins and wrapped tokens.
Flows and sentiment
Stablecoin supply measured $295.1 billion, down 0.32% in the last day and 2.16% over the week. A shrinking stablecoin base can indicate reduced liquidity or lower demand for dollar-pegged assets. DeFi total value locked (TVL) rose 1.4% to $83.0 billion, though it remains 3.2% lower than a week ago, showing modest short-term inflows into decentralized protocols.
The Fear and Greed Index registered 34 today, still in the “Fear” zone and up from 26 yesterday but down from a neutral 51 a week ago. This metric gauges overall market emotion; lower numbers often align with risk-off behavior. Bitcoin funding rates on the OKX perpetual contract were 0.0094% per 8 hours, a small positive cost for long positions. Open interest rose 1.1% to $3.7 billion, indicating growing contract activity. Together, these indicators suggest cautious optimism amid lingering fear.
| Metric | Latest | Change or comparison |
|---|---|---|
| Stablecoin supply | $295.1 billion | -0.32% (1d), -2.16% (7d) |
| DeFi total value locked | $83.0 billion | +1.4% (1d), -3.2% (7d) |
| Crypto Fear and Greed Index | 34 (Fear) | a week ago: 51 (Neutral) |
| Bitcoin funding rate (OKX) | 0.0094% per 8h | near neutral |
| Bitcoin futures open interest (OKX) | $3.7 billion | +1.1% over 1 day |
Other data at the time of writing.
What is driving the market
CoinDesk reported that global asset manager Schroders is bringing an emerging market bond fund to Solana. While the article does not link directly to price moves, the news may support Solana’s modest 0.1% rise by highlighting institutional interest in its ecosystem. Another headline noted THORChain’s RUNE jumping 10% after North Korean hackers resumed laundering Binance loot. Although RUNE is not listed among today’s top movers, the broader narrative of increased activity on cross-chain platforms could be contributing to the overall breadth of 55 advancing coins.
Circle’s earnings beat and workforce reduction were also covered by CoinDesk. Circle’s stablecoin USDC underpins much of the stablecoin supply, and the slight 0.32% dip in total stablecoin volume could reflect market adjustments after Circle’s staffing changes. Additionally, CoinDesk highlighted that Bitcoin rebounded from a midterm dip as DeFi led gains. This aligns with the 1.4% rise in DeFi TVL and the modest Bitcoin price increase, suggesting that DeFi inflows may be supporting Bitcoin’s short-term recovery.
Our own article on the US midterm elections explores how political outcomes can affect crypto sentiment. While the elections are still unfolding, the Fear and Greed Index’s movement from 26 to 34 hints that market participants are reacting to political uncertainty. The combination of institutional moves, regulatory headlines, and DeFi activity appears to be shaping today’s mixed but slightly positive price action.
What to watch
- Monitor stablecoin supply trends; a continued decline could signal reduced liquidity and affect price stability.
- Watch DeFi TVL and funding rates; rising TVL and low funding costs often accompany bullish sentiment for Bitcoin and major tokens.
- Follow institutional news such as asset managers entering blockchain ecosystems, as these announcements can influence breadth and specific chain performance.
Frequently asked questions
Why did Bitcoin rise while the total market cap fell?
What does a stablecoin supply decrease mean for the market?
How does the Fear and Greed Index reflect current sentiment?
Sources
This article is for educational purposes only and is not financial advice. Crypto assets are volatile, so always do your own research. Read our editorial policy.
