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Morning Brief

Crypto Market Cap Drops 3.25% to $2.61 Trillion

The crypto market remains relatively flat with Bitcoin and Ethereum showing modest gains amid a fearful sentiment.

Key takeaways
  • The total crypto market is worth $2.61T, down 3.25% in 24 hours.
  • Bitcoin is up 0.70%, holding 60.1% of the market.
  • Top gainer: Provenance Blockchain (HASH) +13.7%.
  • Biggest drop: Plasma (XPL) -14.0%.
  • Sentiment: Fear & Greed at 37 (Fear).

The total cryptocurrency market capitalization decreased by 3.25% over the past 24 hours, settling at $2.61 trillion. This decline indicates a period of consolidation following recent market movements.

Bitcoin's price rose by 0.70% to $78,127, maintaining its dominance at approximately 60.1% of the total market. Ethereum also saw a modest increase of 0.45%, reaching $2,271.60, reflecting a slight upward trend despite the broader market's flat direction.

Provenance Blockchain (HASH) emerged as the top gainer with a 13.74% increase, attributed to broader market movements without a specific catalyst. Official Trump (TRUMP) rose by 9.30%, moving independently of the flat market trend, while Beam (BEAM) and Kite (KITE) saw gains of 7.86% and 6.69%, respectively, likely influenced by overall market sentiment.

Plasma (XPL) led the losers with a 13.99% decline, though no clear catalyst was identified. Morpho (MORPHO) and MemeCore (M) followed with decreases of 5.84% and 5.71%, respectively, as they moved in line with the broader market sentiment. Rain (RAIN) also experienced a significant drop of 4.87%, despite the market's relatively flat performance.

The overall market sentiment remains in 'Fear' territory, with the Fear & Greed Index at 37. This indicates that investors are cautious, which could be contributing to the market's lack of significant upward momentum. Bitcoin's continued dominance at 60.1% suggests that it remains a key driver of the market's direction.

In recent news, Binance has re-enabled withdrawals for several cryptocurrencies, including BTC, ARBITRUM, TRX, SOL, MATIC, and ZEC, following a security review. This move aims to restore user confidence in the platform. Additionally, Cardano's ADA is seeing buying activity at the $0.19 level, which analysts suggest could be significant for its future performance.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of November 2, 2026, the total cryptocurrency market capitalisation is $2.61T, down 3.25% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Provenance Blockchain (HASH) was among the biggest gainers, up 13.74% in 24 hours.

Which cryptocurrency fell the most in this report?

Plasma (XPL) was among the biggest decliners, down 13.99% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 37, indicating "Fear" — 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 3.35% to $2.6 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.