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Morning Brief

Crypto Market Cap Drops 4.30% to $2.68 Trillion

The cryptocurrency market experiences a broad decline with Bitcoin and Ethereum both down, while sentiment remains neutral.

Key takeaways
  • The total crypto market is worth $2.68T, down 4.30% in 24 hours.
  • Bitcoin is down 0.75%, holding 60.0% of the market.
  • Top gainer: Ethena (ENA) +6.6%.
  • Biggest drop: Quack AI (Q) -26.8%.
  • Sentiment: Fear & Greed at 50 (Neutral).

The total cryptocurrency market cap decreased by 4.30% over the past 24 hours, falling to $2.68 trillion. This downturn reflects a broader market correction affecting most major digital assets.

Bitcoin's price dipped by 0.75% to $80,144, while Ethereum saw a slightly larger decline of 1.19%, settling at $2,328.48. Bitcoin's dominance remained strong at approximately 60.0%, indicating it continues to be a market leader despite the downturn.

Ethena (ENA) emerged as the biggest gainer, rising by 6.58% following its recent listing on OKX. Provenance Blockchain (HASH) and Pyth Network (PYTH) also posted gains of 6.14% and 5.74%, respectively, with no specific news catalysts identified, suggesting movement influenced by broader market trends.

Quack AI (Q) was the largest loser, dropping 26.83%, though no clear catalyst was identified for this significant decline. Collector Crypt (CARDS) and Bitway (BTW) also experienced notable losses of 6.52% and 6.10%, respectively, with Bitway's decline attributed to broader market sentiment and underperformance compared to other cryptocurrencies.

Market sentiment remains neutral, with the Fear & Greed index at 50. Despite the overall market cap decline, this neutral sentiment suggests a lack of strong bearish or bullish conviction among investors.

In other news, Internet Computer (ICP) surpassed Solana in transactions per second but continues to face downward price pressure. Lido has opened larger Ethereum validators, and venture capital firm A16z is advocating for crypto adoption amid a challenging investment landscape.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 26, 2026, the total cryptocurrency market capitalisation is $2.68T, down 4.30% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Ethena (ENA) was among the biggest gainers, up 6.58% in 24 hours.

Which cryptocurrency fell the most in this report?

Quack AI (Q) was among the biggest decliners, down 26.83% 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 3.64% to $2.69 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.