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Morning Brief

Crypto Market Cap Drops 3.29% to $2.92 Trillion

The cryptocurrency market experiences a slight downturn amid mixed performance from major assets.

Key takeaways
  • The total crypto market is worth $2.92T, down 3.29% in 24 hours.
  • Bitcoin is down 0.67%, holding 58.7% of the market.
  • Top gainer: LayerZero (ZRO) +10.5%.
  • Biggest drop: Provenance Blockchain (HASH) -13.5%.
  • Sentiment: Fear & Greed at 71 (Greed).

The total cryptocurrency market capitalization decreased by 3.29% over the past 24 hours, settling at $2.92 trillion. This decline marks a broader flat trend in the market, with no single catalyst identified for the move.

Bitcoin's price dipped by 0.67% to $85,446, while Ethereum saw a slightly larger decline of 0.90%, settling at $2,694.18. Bitcoin's dominance remained strong at approximately 58.7%, reflecting its continued influence on the overall market direction.

LayerZero (ZRO) emerged as the biggest gainer, rising by 10.48%. This uptick is attributed to recent positive price momentum and speculation around potential buybacks, suggesting investor interest in the project.

Provenance Blockchain (HASH) led the losers with a 13.54% drop, though no clear catalyst was identified for this decline. Grass (GRASS) and Mantle (MNT) also fell by 9.58% and 9.00%, respectively, with both appearing to track the broader market sentiment rather than reacting to specific news.

The overall market sentiment remains in 'Greed' territory with a score of 71 on the Fear & Greed index, indicating a cautiously optimistic outlook despite the recent dip. Bitcoin's dominance underscores its role as a key driver of market trends.

In other news, China's P2P crypto transactions have surged 43x despite the country's ban, highlighting ongoing demand. Meanwhile, the Open USD supply has reached $666 million, with a significant concentration in a few wallets, raising questions about market dynamics.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 7, 2026, the total cryptocurrency market capitalisation is $2.92T, down 3.29% over the last 24 hours.

Which cryptocurrency gained the most in this report?

LayerZero (ZRO) was among the biggest gainers, up 10.48% in 24 hours.

Which cryptocurrency fell the most in this report?

Provenance Blockchain (HASH) was among the biggest decliners, down 13.54% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 71, indicating "Greed" — a gauge of overall market sentiment from 0 (extreme fear) to 100 (extreme greed).

In the headlines

TLT Market Desk Verified data

TLT's market desk compiles every report from live data — CoinGecko, Binance and DefiLlama — and the day's headlines, checked against our data-integrity standards. We never fabricate a figure and never predict prices.

← Earlier reportCrypto Market Cap Drops 3.23% to $2.92 Trillion

Not financial advice. This report is for information and education only. Market data is sourced from public APIs (CoinGecko, Binance, DefiLlama) and shown with its capture time; cryptocurrency is volatile and high-risk — always do your own research. Read our methodology.