Cryptocurrency markets showed a mixed but recovering tone over the past day. On November 3, the global crypto market cap slipped 0.7% to $2.678 trillion, with Bitcoin trading at $76,829.08, down 2.2% on the day and 4.1% over the week. Ethereum changed hands at $2,251.13, down 1.7% in 24 hours and 3.0% over seven days, while BNB fell 2.6% to $696.17, XRP slipped 0.6% to $1.25, and Solana dropped 3.3% to $92.08. CoinGlass data showed $176 million in liquidations over 24 hours, with longs at $95.3091 million and shorts at $80.8371 million.
By the next session, the market rebounded. Bitcoin climbed 1.1% to $77,727.01 with $29.25 billion in 24-hour trading volume and a market capitalization of $1.56 trillion. Ethereum rose 1.7% to $2,289.53, XRP advanced 1.9% to $1.27, and Zcash led major cryptocurrencies with a 9.7% jump to $1,252.39. BNB added 0.2% to $698.02, while Solana rose 0.6% to $92.69. Smaller tokens also rallied, with Capybobo surging 54.8%, Tokenbot gaining 46.3%, and Incentiv climbing 37.3%.
Institutional and regulatory developments added context. Strategy purchased 810 BTC last week, bringing its total holdings to 849,327 BTC. Elliptic said around $2.85 billion of stolen Binance funds was frozen or seized. New Jersey dropped its Coinbase staking lawsuit and lifted its cease-and-desist. Stablecoins USDT and USDC both held close to their dollar peg.
