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Morning Brief

Crypto Market Cap Drops 2.83% to $2.74 Trillion

The crypto market remains flat with minor fluctuations in major coins amid mixed sentiment.

Key takeaways
  • The total crypto market is worth $2.74T, down 2.83% in 24 hours.
  • Bitcoin is up 0.87%, holding 60.1% of the market.
  • Top gainer: Backpack (BP) +15.3%.
  • Biggest drop: Quack AI (Q) -16.4%.
  • Sentiment: Fear & Greed at 59 (Greed).

The total cryptocurrency market cap decreased by 2.83% over the past 24 hours, settling at $2.74 trillion as of October 19, 2026.

Bitcoin's price rose by 0.87% to $82,217, maintaining its dominance at approximately 60.1%, while Ethereum saw a modest increase of 0.23% to $2,411.67.

Backpack (BP) emerged as the biggest gainer, rising by 15.33%, likely influenced by broader market sentiment. Provenance Blockchain (HASH) also gained 10.60%, though no specific catalyst was identified.

Quack AI (Q) led the losers with a 16.44% drop after a significant 7-day rally of 261.49%. Starknet (STRK) and Pyth Network (PYTH) declined by 5.78% and 5.41%, respectively, amid profit-taking and broader market sentiment.

The market sentiment remains in the 'Greed' zone with a Fear & Greed index of 59, indicating a cautiously optimistic outlook despite the overall flat trading day. Bitcoin's dominance underscores its influence on the market's direction.

Recent headlines highlight potential market influences, including Wall Street's anticipation of Black Monday's 39th anniversary and discussions around the SEC's tokenized stock framework. Additionally, the integration of Bored Ape NFTs into Solana and Injective's growing RWA markets are notable developments.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 19, 2026, the total cryptocurrency market capitalisation is $2.74T, down 2.83% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Backpack (BP) was among the biggest gainers, up 15.33% in 24 hours.

Which cryptocurrency fell the most in this report?

Quack AI (Q) was among the biggest decliners, down 16.44% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 59, 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 2.88% to $2.73 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.