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Morning Brief

Crypto Market Cap Drops 3.38% to $2.74 Trillion

The cryptocurrency market shows a slight downturn with Bitcoin maintaining its dominance above 60%.

Key takeaways
  • The total crypto market is worth $2.74T, down 3.38% in 24 hours.
  • Bitcoin is up 0.72%, holding 60.1% of the market.
  • Top gainer: Quack AI (Q) +70.7%.
  • Biggest drop: Starknet (STRK) -12.3%.
  • Sentiment: Fear & Greed at 53 (Neutral).

The total cryptocurrency market cap decreased by 3.38% over the past 24 hours, settling at $2.74 trillion. This downturn reflects a broader market correction, though the overall direction remains relatively flat.

Bitcoin's price rose by 0.72% to $82,058, while Ethereum experienced a modest decline of 0.40%, settling at $2,421.32. Bitcoin's dominance in the market remained strong at approximately 60.1%, indicating its continued influence on market trends.

Quack AI (Q) emerged as the top gainer with a 70.67% increase, though no specific catalyst for this surge is identifiable in the available data. Bitway (BTW) followed with a 21.89% gain, also lacking a clear single catalyst, while Pearl (PRL) saw an 8.63% increase, moving in line with the broader market.

Starknet (STRK) led the losers with a 12.33% decline, despite having recently rallied. Basic Attention Token (BAT) fell by 8.37%, likely influenced by broader market sentiment rather than specific news. Provenance Blockchain (HASH) and Midnight (NIGHT) also dropped by 8.10% and 6.81% respectively, with no clear catalysts beyond the general market trend.

Market sentiment remains neutral, with the Fear & Greed Index at 53. This indicates a balanced sentiment among investors, neither overly optimistic nor pessimistic. Bitcoin's sustained dominance above 60% suggests it continues to be a key driver of market dynamics.

In other news, analysts are more bullish on Bitcoin now than at the start of the 2023 bull market, according to CryptoQuant. Additionally, Solana's burn rate has reached its highest since 2025, which could have implications for the SOL/ETH ratio. Meanwhile, Visa Direct has launched USDC prefunding, enabling 24/7 payout funding for businesses.

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Frequently asked

What is the total crypto market cap today?

As of October 18, 2026, the total cryptocurrency market capitalisation is $2.74T, down 3.38% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Quack AI (Q) was among the biggest gainers, up 70.67% in 24 hours.

Which cryptocurrency fell the most in this report?

Starknet (STRK) was among the biggest decliners, down 12.33% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 53, indicating "Neutral" — 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 3.18% to $2.74 TrillionLater report →Crypto Market Cap Falls 4.41% to $2.71 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.