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Morning Brief

Crypto Market Cap Dips 1.98% to $2.78 Trillion

The cryptocurrency market remains relatively flat with minor losses across major assets.

Key takeaways
  • The total crypto market is worth $2.78T, down 1.98% in 24 hours.
  • Bitcoin is up 0.68%, holding 59.3% of the market.
  • Top gainer: Basic Attention (BAT) +23.5%.
  • Biggest drop: Bitway (BTW) -22.6%.
  • Sentiment: Fear & Greed at 63 (Greed).

The total cryptocurrency market cap decreased by 1.98% over the past 24 hours, settling at $2.78 trillion. This modest decline indicates a period of consolidation following recent market movements.

Bitcoin and Ethereum both posted slight gains, with Bitcoin rising 0.68% to $82,270 and Ethereum increasing by 0.75% to $2,439.42. Bitcoin's dominance remained strong at approximately 59.3%, reflecting its continued influence on market trends.

The biggest gainer was Basic Attention Token (BAT), which rose by 23.53% amid broader market sentiment and speculative trading activity. Akedo (AKE) also saw significant gains of 19.94%, moving in tandem with the overall market sentiment.

Bitway (BTW) was the largest loser, dropping 22.63% despite recent gains and high trading volume. Beldex (BDX) also experienced a decline of 11.10%, though no specific catalyst for this drop was identified from the available data.

Market sentiment, as measured by the Fear & Greed Index, remains in 'Greed' territory at 63, suggesting a cautiously optimistic outlook among investors. This sentiment is consistent with the relatively stable performance of major cryptocurrencies.

In other news, Binance announced the launch of covered call and cash-secured products, while MSCI's new index exclusion rules could impact certain crypto strategies. Additionally, stablecoin transactions have been on the rise, according to BitGo, despite a flat supply.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 16, 2026, the total cryptocurrency market capitalisation is $2.78T, down 1.98% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Basic Attention (BAT) was among the biggest gainers, up 23.53% in 24 hours.

Which cryptocurrency fell the most in this report?

Bitway (BTW) was among the biggest decliners, down 22.63% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 63, 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 1.80% to $2.79 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.