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Here is Why the Crypto Market Erased Over $120 Billion Today

Coinpedia·November 5, 2026·1 min read
Here is Why the Crypto Market Erased Over $120 Billion Today

The crypto market cap flash-crashed by over $120 billion on November 5, 2026, falling to $2.57 trillion from $2.69 trillion, a 4.46% decline. Bitcoin, Ethereum, XRP, and Solana all capitulated, triggering widespread sell-offs. The sharp drop erased gains from the previous day, reflecting heightened market volatility.

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