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Morning Brief

Crypto Market Cap Drops 3% to $2.72 Trillion

The cryptocurrency market shows a slight downturn with Bitcoin and Ethereum experiencing minor losses, while some altcoins buck the trend.

Key takeaways
  • The total crypto market is worth $2.72T, down 3.03% in 24 hours.
  • Bitcoin is down 0.55%, holding 60.0% of the market.
  • Top gainer: Akedo (AKE) +15.5%.
  • Biggest drop: Pearl (PEARL) -8.5%.
  • Sentiment: Fear & Greed at 50 (Neutral).

The total cryptocurrency market cap decreased by 3.03% over the past 24 hours, bringing it to $2.72 trillion. This decline marks a period of relative stability following recent fluctuations.

Bitcoin's price dipped by 0.55% to $81,549, while Ethereum saw a slightly larger decline of 0.67%, settling at $2,394.11. Bitcoin's dominance remained strong at approximately 60.0% of the total market cap.

Akedo (AKE) emerged as the top gainer with a 15.54% increase, moving independently of the broader market. Pepe (PEPE) rose by 9.47%, driven by whale activity and market speculation, while Collector Crypt (CARDS) gained 8.96%, also showing independent movement.

Pearl (PEARL) led the losers with an 8.45% decline, despite recent weekly gains, likely influenced by broader market conditions. Lighter (LIT) fell by 8.32%, even amid positive developments, while Starknet (STRK) and Venice Token (VVV) dropped by 6.91% and 6.56%, respectively, due to broader market pressures.

The Fear & Greed Index remains at 50, indicating a neutral market sentiment. This suggests investors are cautiously assessing the market amid the recent downturn.

In recent news, ZKsync's Commander is being touted for its potential to transform financial access, while CoinDCX faces scrutiny over $16 million in crypto transfers. HSBC's launch of the RedCoin stablecoin and plans for tokenized fund purchases have also garnered attention, alongside discussions about AI's role in the crypto space.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 23, 2026, the total cryptocurrency market capitalisation is $2.72T, down 3.03% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Akedo (AKE) was among the biggest gainers, up 15.54% in 24 hours.

Which cryptocurrency fell the most in this report?

Pearl (PEARL) was among the biggest decliners, down 8.45% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 50, 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 6% to $2.74 TrillionLater report →Crypto Market Cap Drops 2.61% to $2.75 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.