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Morning Brief

Crypto Market Cap Drops 2% to $2.72 Trillion

Bitcoin and Ethereum edge up slightly while broader market sentiment remains neutral.

Key takeaways
  • The total crypto market is worth $2.72T, down 2.00% in 24 hours.
  • Bitcoin is up 0.53%, holding 59.4% of the market.
  • Top gainer: Bitway (BTW) +47.6%.
  • Biggest drop: Akedo (AKE) -29.4%.
  • Sentiment: Fear & Greed at 51 (Neutral).

The total cryptocurrency market capitalization decreased by 2% over the past 24 hours, settling at $2.72 trillion as of the latest data snapshot.

Bitcoin's price rose by 0.53% to $80,586, while Ethereum gained 0.63% to reach $2,340.05, with both coins outperforming the overall market trend.

Bitway (BTW) emerged as the top gainer with a 47.64% increase, likely driven by market speculation, while MemeCore (M) and Grass (GRASS) also posted gains of 12.02% and 10.64% respectively, seemingly moving independently of broader market conditions.

Akedo (AKE) experienced the largest decline, falling 29.40% amid the otherwise flat market, while Provenance Blockchain (HASH) dropped 6.57%, moving in line with the broader market trend.

The Fear & Greed Index remained at a neutral level of 51, indicating a lack of strong investor sentiment in either direction, while Bitcoin's dominance stood at 59.4%, reflecting its continued influence over the market.

Recent headlines include a significant transfer of 644 BTC from Coinbase Institutional to an unknown wallet, Coinbase's conversion of GYEN balances to USDC as the stablecoin winds down, and Midnight surpassing 1 million mainnet transactions. These events, however, do not appear to have had a direct impact on the market's overall direction.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 28, 2026, the total cryptocurrency market capitalisation is $2.72T, down 2.00% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Bitway (BTW) was among the biggest gainers, up 47.64% in 24 hours.

Which cryptocurrency fell the most in this report?

Akedo (AKE) was among the biggest decliners, down 29.40% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 51, 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 Dips 1.53% 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.