Crypto Market Falls 4% as $1.13 Billion in Liquidations Hit Traders on November 3

The global cryptocurrency market capitalization fell more than 4% to $3.54 trillion on November 3, triggering $1.13 billion in liquidations across nearly 300,000 trader positions. Bitcoin dropped below $107,000 with a 4% decline, while Ethereum fell to $3,621 after losing over 6%. Data show long positions accounted for $1.05 billion of total liquidations, reflecting widespread overleveraged bullish exposure.