Daily recap
Crypto recap for Wednesday, November 4, 2026
What happened
Overall it was a noticeably green day in crypto. The combined value of the 100 biggest coins (their market cap) was about $2.66 trillion, +1.0% over the last 24 hours. Of the 74 best-known coins in the top 100 (stablecoins and wrapped tokens left out), 52 went up and 22 went down.
- Bitcoin (BTC, +1.5%) trades at $78,389.00 (7 days: -3.7%).
- Ethereum (ETH, +1.7%) trades at $2,316.85 (7 days: -2.0%).
- XRP (XRP, +0.1%) trades at $1.28 (7 days: -3.5%).
Biggest risers among those: Bitway (BTW, +12.6%), POL (ex-MATIC) (POL, +8.0%), Venice Token (VVV, +7.4%). Biggest fallers: World Liberty Financial (WLFI, -3.7%), Mantle (MNT, -2.9%), Beldex (BDX, -1.8%).
Why it might have happened
Bitcoin makes up about 59% of the whole market (that's Bitcoin dominance), so when it moves, most other coins tend to follow. Today Bitcoin (+1.5%) and the wider market moved in the same direction, which suggests a market-wide mood rather than news about one coin. Sharp moves in individual smaller coins are often driven by coin-specific news, token unlocks, or simple speculation. We don't guess at causes we can't verify.
Headlines from today's crypto news (we link them; we don't claim they caused the moves):
- Global asset manager Schroders brings emerging market bond fund to Solana — CoinDesk
- THORChain's RUNE jumps 10% as North Korean hackers resume laundering Binance loot — CoinDesk
- Circle beats earnings and revenue estimates on soaring USDC transaction volume — CoinDesk
- Canton’s CC rises 4% as SEC staff view it as ‘digital commodity’ — Cointelegraph
- Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says — Cointelegraph
- Justin Sun seeks $264K sanctions over World Liberty’s UAE disclosure — Cointelegraph
What it means for a beginner
A one-day move, up or down, says very little about the long run. Big green days can create FOMO (fear of missing out); buying in a rush after a jump is a classic beginner mistake. Notice that the biggest movers (13% in a day) are usually smaller coins. Smaller coins swing much harder in both directions.
Tiny glossary
- market cap
- Market cap (market capitalization) is a coin's price multiplied by how many coins exist. It's a rough way to compare how 'big' different coins are.
- Bitcoin dominance
- Bitcoin dominance is Bitcoin's share of the total crypto market cap. When it rises, money is concentrating in Bitcoin relative to other coins.
- altcoin
- An altcoin is any cryptocurrency other than Bitcoin.
Not financial advice. This recap explains market data; it is not a recommendation to buy or sell anything. Data snapshot from CoinGecko at 2026-11-04 13:04:08 UTC.