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Crypto market sheds over $300 billion in autumn slump, accounts report

Social media market observers reported steep losses across cryptocurrency markets on November 8, 2026, estimating that between $315 billion and $400 billion in total market capitalization has been wiped out during recent weeks.

A market heatmap graphic displaying red tiles with negative percentage changes for Bitcoin, Ethereum, Solana, BNB, and XRP.
Image: @CryptoSavingExp

Crypto market watchers shared visual breakdowns of a punishing downturn on November 8, 2026, with estimates pointing to hundreds of billions of dollars evaporated from digital asset market values over the preceding weeks. According to Crypto Rover, $400 billion was wiped from the market during what traders often refer to as UPtober and Moonvember.[1]

A separate assessment by Bull Theory placed the market capitalization decline at $370 billion since the previous month. An accompanying performance matrix showed widespread monthly losses across major cryptocurrencies, including Bitcoin dropping 9.00%, Ethereum falling 12.91%, XRP sliding 18.09%, Dogecoin falling 19.51%, and Solana sinking 22.92%. The steepest drawdowns included PUMP plunging 40.46%, FET dropping 37.03%, and TRUMP declining 37.00%, while only four tracked assets recorded positive monthly returns: PEPE up 19.46%, Monero up 10.84%, Injective up 9.11%, and LEO up 4.75%.[2]

CryptoSavingExpert also reported substantial fourth-quarter damage, stating that the market has surrendered $315 billion in value during Q4 and describing the stretch as a major test of investor confidence. A heatmap shared with the update highlighted widespread red across top assets, including Bitcoin down 7.14%, Ethereum down 9.59%, and Solana down 18.33%.[3]

Key facts

  • Crypto Rover posted that $400 billion was wiped from the crypto market during October and November.
  • Bull Theory reported that $370 billion has been wiped out from total crypto market capitalization since the prior month.
  • A monthly performance chart shared by Bull Theory showed declines for Bitcoin (-9.00%), Ethereum (-12.91%), XRP (-18.09%), Dogecoin (-19.51%), Solana (-22.92%), and Cardano (-28.71%).
  • The largest monthly drops in the Bull Theory chart were PUMP (-40.46%), FET (-37.03%), and TRUMP (-37.00%), while only PEPE (+19.46%), XMR (+10.84%), INJ (+9.11%), and LEO (+4.75%) posted gains.
  • CryptoSavingExpert claimed the cryptocurrency market lost $315 billion in value during the fourth quarter.

Sources · 3 sources

  1. CR

    Crypto Rover@cryptoroverPost on X ·

    BREAKING: $400B wiped from Crypto during "UPtober" and "Moonvember." https://t.co/WRNsf7gyQB

    Open source
  2. BT

    Bull Theory@BullTheoryioPost on X ·

    $370 BILLION has been wiped out from crypto marketcap since last month. https://t.co/UsPLyFYnBO

    Open source
  3. C®

    CryptoSavingExpert ®@CryptoSavingExpPost on X ·

    The crypto market has lost $315 BILLION in value during Q4. A brutal period for digital assets, with hundreds of billions wiped from the market. Investors are facing another major test of confidence. https://t.co/RPKafl4Njk

    Open source