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Midday Update

Crypto Market Cap Drops 4.85% to $2.77 Trillion

The cryptocurrency market saw a broad downturn with Bitcoin and Ethereum both declining amid a backdrop of fear and greed sentiment.

Key takeaways
  • The total crypto market is worth $2.77T, down 4.85% in 24 hours.
  • Bitcoin is down 2.26%, holding 59.3% of the market.
  • Top gainer: Bitway (BTW) +22.8%.
  • Biggest drop: Starknet (STRK) -11.0%.
  • Sentiment: Fear & Greed at 62 (Greed).

The total cryptocurrency market capitalization decreased by 4.85% over the past 24 hours, dropping to $2.77 trillion. This downturn reflects a broader market correction affecting most major assets.

Bitcoin, the largest cryptocurrency by market cap, fell by 2.26% to $81,590, while Ethereum declined by 3.61% to $2,428.99. Bitcoin's dominance remained strong at approximately 59.3%, indicating it fared better than most altcoins during the downturn.

Bitway (BTW) emerged as the biggest gainer, rising by 22.83% amid recent price momentum and achieving an all-time high. Pearl (PRL) also posted gains of 8.97%, though no specific catalyst for its increase was identified.

Starknet (STRK) led the losers with an 11.04% decline, attributed to the broader market conditions. Grass (GRASS) and Ether.fi (ETHFI) fell by 9.78% and 9.22% respectively, moving in tandem with the market downturn. KuCoin (KCS) dropped by 8.83%, likely influenced by negative regulatory news in South Korea.

The overall market sentiment, as measured by the Fear & Greed Index, remained in 'Greed' territory at 62, suggesting investors are cautiously optimistic despite the recent price declines.

In other news, Chainalysis warned that France's high crypto tax rates could drive investors away, while Apple made headlines with its new HomeView feature. These developments highlight the ongoing intersection of technology and finance.

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Frequently asked

What is the total crypto market cap today?

As of October 14, 2026, the total cryptocurrency market capitalisation is $2.77T, down 4.85% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Bitway (BTW) was among the biggest gainers, up 22.83% in 24 hours.

Which cryptocurrency fell the most in this report?

Starknet (STRK) was among the biggest decliners, down 11.04% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 62, indicating "Greed" — 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 3.22% to $2.79 TrillionLater report →Crypto Market Cap Drops 4.90% to $2.76 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.