Reuters report tracks 2.32% rise in crypto market to $2.69 trillion
Key Facts
The global cryptocurrency market capitalization rose 2.32% to $2.69 trillion in a snapshot cited in a report published by Reuters on the evening of Nov. 5, 2026, according to The Economic Times, which relayed the report. Bitcoin gained 2.63%, while Ethereum rose 4.24% over the 24 hours to the same snapshot. The report presented these figures as market moves during that period, after volatility linked to the U.S. midterm elections. The snapshot also recorded total liquidations of $983.34 million over 24 hours. These data place the rebound in the context of a volatile session, without representing a reading of the early move covered in the original story.
Over one hour, liquidations of positions exceeded $415 million when Bitcoin reached $80,000, according to the report. Those liquidations included about $330 million in short positions, or bets on falling prices. The figure highlights the scale of liquidations accompanying that level, but covers the one-hour window cited in the Nov. 5 report, not the full day. The report’s 24-hour total was $983.34 million. Comparing the two figures shows the different time periods covered by each reading. In the available quote, the report did not specify how the day’s total liquidations were split between short and long positions.
Performance across assets was also mixed in the week before the snapshot: Bitcoin rose 0.30% and Ethereum 4.16%, according to the excerpt from Reuters relayed by The Economic Times. Over the same weekly period, BNB, Solana, Tron, Dogecoin and Cardano fell, while XRP and Hyperliquid posted gains. The differing moves mean the market’s 24-hour rebound was not accompanied by a uniform rise among the assets cited on a weekly basis. Ethereum’s weekly gain was also higher than Bitcoin’s, according to the two figures in the report. This comparison applies to the specified weekly period, while the 2.63% and 4.24% figures reflect performance over the latest 24 hours.
Against a backdrop of volatility, the S&P 500 fell 4.4% in Thursday’s session on Nov. 5, its steepest decline since the market turmoil that followed the “Liberation Day” tariffs in April 2025, according to the Associated Press. The agency said Thursday’s losses erased more than the gains recorded the previous day, which was the index’s best session in three months. The move in U.S. stocks places the session in a broader context of market volatility, alongside the moves in cryptocurrencies tracked by the Reuters report. The Associated Press comparison concerns the stock index and its sessions, while Reuters’ figures concern the cryptocurrency market and their measurement periods. The available facts do not quantify the effect of the stock-market decline on cryptocurrency moves.
An analyst at Delta Exchange linked the continued strength of the recovery to two conditions: continued spot buying and exchange-traded fund flows. She said, “Continued spot buying and ETF flows will make the recovery more convincing.” She added that without this, prices could remain vulnerable to a pullback toward support levels. The assessment appeared in the follow-up report published on Nov. 5, amid a 24-hour price rebound and the accompanying position liquidations. The quote did not specify the size of fund flows or numerical support levels. The analyst’s statement remains a condition for assessing the strength of the recovery, not a settled conclusion about the price trajectory.