Market brief · 2026-11-02
Bitcoin holds at $78,012 as 37 of 55 coins fall and Beam gives back 19.4%
· By the MyCryptoSignal Data Desk · Written from our own collected price data
Brief as of
Crypto spent the last 24 hours drifting, with the headline numbers barely moving and the tape underneath them doing most of the work. Bitcoin traded at $78,012, up 0.29%, and the total market cap held at $2.47 trillion, up 0.14%. Of 55 tracked coins, 37 fell and just two rose.
The frame was calm. Total market cap stood at $2,468,475,234,819, up 0.14% over 24 hours and down 2.48% over seven days. Bitcoin traded at $78,012, up 0.29%, with dominance at 63.5%. Ether changed hands at $2,279.38, up 0.57%. Total market volume across tracked assets reached $71,886,503,101. The cap-weighted index barely moved, which is what a 63.5% Bitcoin dominance weighting produces when the largest names hold and everything else slips.
Breadth told a different story. Only two of 55 tracked coins rose, 37 fell and 16 held inside a percentage point. The major cohort, eight coins, averaged 0.26% with one riser and three fallers. Meme coins, five of them, averaged -1.27% with no risers and four fallers. The other 39 coins averaged -2.18%, with one riser and 30 fallers. The gap between the majors and that broad tail is the day's real number.
TRON was the day's strongest tracked mover, trading at $0.315171 for a 1.54% gain. Volume reached $497,501,987 and its RSI sat at 58.9. The trend reading is still down, and the longer windows agree: TRX is 5.03% lower over seven days and 6.38% lower over 30 days. No news item in the packet covers the move, so the numbers stand on their own — a modest bounce inside a downtrend.
Behind it, the gains were small. Immutable rose 1.24% to $0.126786 with an RSI of 37.4, still 11.64% lower on the week. Ether added 0.57% at $2,279.38, carrying $7,218,364,670 in volume and an RSI of 58.3 on an up trend. Monero gained 0.50% to $606.21, up 3.12% over seven days and 11.15% over 30. Bitcoin's 0.29% gain completes the list. What they share is size, not momentum.
Beam led the declines, falling 19.40% to $0.00489825 on $107,401,566 in volume. It is still up 53.16% on the week and 130.38% on the month, with an RSI of 45.1 and an up trend — a run giving back part of a large advance. THORChain dropped 17.67% to $0.51905 with an RSI of 27.4, down 18.02% over seven days and 30.64% over 30. NEAR fell 6.43% to $4.08, Ethena 5.31% to $0.177662, and Avalanche 4.55% to $8.54.
Technical breadth was narrow but not stretched. Of 30 sampled coins, none were overbought and none oversold; five carried an up trend and 11 a down trend. Bitcoin's own RSI reads 54.2 with a flat trend and volatility at 0. It traded between a $77,616 low and a $78,733 high, with support at $77,628.90 and resistance at $78,135.20 sitting almost at the same level. Nothing in that mix is extended in either direction.
Over seven days the leaders are Beam at 53.16%, Pepe at 8.77% and Monero at 3.12%. The laggards are THORChain at -18.02%, Ethena at -15.28% and VeChain at -14.87%, with VeChain priced at $0.00572463. USDT led turnover at $31,248,530,398 against total market volume of $71,886,503,101. Beam, THORChain, Ethena and Monero all appear on both today's mover list and the week's, so the same names are setting the pace in both windows.
The cap-weighted index rose 0.14% while 37 of 55 tracked coins fell. That is the whole story of the session: Bitcoin at 63.5% dominance and Ether at $2,279.38 held the headline steady, and the broad tail did the sliding. The other cohort, 39 coins, averaged -2.18% with 30 fallers, and meme coins averaged -1.27% with no risers at all. This reads as rotation and profit-taking rather than a broad exit. Beam's 19.40% drop after a 53.16% week is the clearest example — a name that ran hard giving some back. THORChain's RSI of 27.4 and Ethena's 33 show the weakest names are already pressed, while Bitcoin's 54.2 sits in the middle of its range.
Bitcoin's support at $77,628.90 and resistance at $78,135.20 sit almost at the same level, with the price at $78,012 between them — a tight band that has produced a flat trend and a volatility reading of 0. Beam is the other thread: after leading yesterday's tape with a 24.9% gain, it fell 19.40% today while still holding a 53.16% week, a second straight day at the centre of the move. THORChain's RSI of 27.4 and Ethena's 33 are the lowest readings among tracked decliners.
Data, not advice.
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