Crypto Market Cap Drops 6.35% to $2.57 Trillion

TLT Market Desk — Total crypto market capitalization stood at $2.57 trillion as of November 6, 2026, down 6.35% over 24 hours. The snapshot described the overall market as broadly down, with no single clear catalyst identified for the decline.

Bitcoin traded at $76,007, down 5.31% over 24 hours, while Ethereum was at $2,234.61, down 7.62%. Bitcoin's decline was smaller than Ethereum's percentage loss during the period.

Bitway (BTW) was the largest listed gainer, up 8.66% over 24 hours. The market note said no relevant headline identified a specific catalyst, with the move provisionally linked to broader crypto sentiment or positioning; it also noted a 23.69% weekly decline.

Derive (DRV) fell 13.70%, Grass (GRASS) lost 11.58% and Plasma (XPL) declined 10.78% over 24 hours. No recent project-specific headlines explained the moves in Grass or Plasma, while Grass was also down 16.10% over seven days and Plasma was down 23.67%. Stable (STABLE) dropped 10.31% on $7.93 million in trading volume, with the snapshot citing the broadly negative market and fearful sentiment.

Sentiment registered at 28 on the Fear & Greed index, while Bitcoin dominance was approximately 59.2%. Coinfomania reported GMX launching Phase 2 of a $10 million market-making fund proposal, and Crypto Economy reported that Zcash NU7 activation left 12,224 ZEC worth $15 million in the Sprout Pool. Decrypt reported that a former FBI agent pleaded guilty to stealing $2.5 million in crypto from 35 investigations, while Cointribune reported that Mercado Bitcoin said it had stopped a hacking incident but that thefts continued according to Bitquery.