Crypto Market Cap Drops 5.12% to $2.74 Trillion
The cryptocurrency market experiences a broad downturn amid a mixed performance from major assets and altcoins.
- The total crypto market is worth $2.74T, down 5.12% in 24 hours.
- Bitcoin is down 1.63%, holding 60.0% of the market.
- Top gainer: MemeCore (M) +16.9%.
- Biggest drop: Akedo (AKE) -26.1%.
- Sentiment: Fear & Greed at 68 (Greed).
TLT Market Desk — The total cryptocurrency market capitalization fell by 5.12% over the past 24 hours, dropping to $2.74 trillion as of the latest data. This decline reflects a widespread downturn across the market, with most major assets and altcoins experiencing losses.
Bitcoin, the largest cryptocurrency by market cap, saw a 1.63% decrease in its price, settling at $81,945. 
Ethereum, the second-largest cryptocurrency, also declined by 1.72%, trading at $2,408.71. Both assets moved in line with the broader market trend.
MemeCore (M) emerged as the top gainer with a 16.86% increase, attributed to broader market sentiment despite the downtrend. 
Lighter (LIT) rose by 9.16%, driven by recent project developments, while 
Monero (XMR) gained 8.33% due to specific trading activity. 
Venice Token (VVV) also defied the market trend with an 8.21% increase.
The biggest losers included 
Akedo (AKE), which plummeted by 26.12% due to broader market conditions. 
Bitway (BTW) and 
Provenance Blockchain (HASH) followed with declines of 14.64% and 12.96%, respectively, also influenced by the overall market downturn. 
Collector Crypt (CARDS) dropped by 9.20%, with its decline similarly linked to market conditions rather than project-specific news.
The Fear & Greed Index currently stands at 68, indicating a sentiment of 'Greed' among investors. Despite the market downturn, this suggests a relatively positive investor sentiment. Bitcoin's dominance remained strong at approximately 60.0%, underscoring its influence over the broader market.
In other news, Solana's trading volume has doubled, indicating potential interest in its token. Meanwhile, Ethereum whales have withdrawn $61 million, which could impact ETH's price dynamics. The US has quietly eased stablecoin reserve rules, prompting warnings of a potential shift in liquidity away from traditional lending. MEXC's new-token trading volume rose by 77% in September, reflecting growing interest in on-chain new-token markets.
Movers in this report
Akedo AKE—▼ 26.12%Bitway BTW—▼ 14.64%Provenance Blockchain HASH—▼ 12.96%Collector Crypt CARDS—▼ 9.20%Frequently asked
What is the total crypto market cap today?
As of October 22, 2026, the total cryptocurrency market capitalisation is $2.74T, down 5.12% over the last 24 hours.
Which cryptocurrency gained the most in this report?
MemeCore (M) was among the biggest gainers, up 16.86% in 24 hours.
Which cryptocurrency fell the most in this report?
Akedo (AKE) was among the biggest decliners, down 26.12% in 24 hours.
What is the crypto Fear and Greed Index right now?
The Fear & Greed Index reads 68, indicating "Greed" — a gauge of overall market sentiment from 0 (extreme fear) to 100 (extreme greed).
In the headlines
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.