Total market cap of virtual assets falls by 9.59%... As of the survey period from late September to No

The total cryptocurrency market capitalization fell 9.59%, from $2.96 trillion at the end of September to $2.676 trillion as of the November 2 reading, according to CoinGecko's Q3 2026 report. The comparison window includes the first two days of November, so it differs from a strict October-only monthly decline, and market cap is a valuation metric (circulating supply multiplied by price) that does not imply an equivalent cash outflow. Using CoinGecko's UTC daily closing prices, Bitcoin (BTC) fell 4.13% and Ethereum (ETH) fell 4.35% between October 24 and 31, while Solana (SOL) dropped 6.70%. The pullback marks a broad-based contraction across major assets rather than a single-token event. Watch for whether the market cap stabilizes in early November and how altcoins like SOL, which underperformed BTC and ETH, trade relative to large caps going forward.