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Midday Update

Crypto Market Cap Drops 3.40% to $2.74 Trillion

The cryptocurrency market shows a slight downturn amid neutral sentiment and Bitcoin maintaining its dominance.

Key takeaways
  • The total crypto market is worth $2.74T, down 3.40% in 24 hours.
  • Bitcoin is up 0.48%, holding 60.1% of the market.
  • Top gainer: Quack AI (Q) +41.8%.
  • Biggest drop: Starknet (STRK) -13.0%.
  • Sentiment: Fear & Greed at 53 (Neutral).

The total cryptocurrency market cap decreased by 3.40% over the past 24 hours, settling at $2.74 trillion. This downturn follows a period of relative stability in the broader market.

Bitcoin's price rose by 0.48% to $81,958, while Ethereum experienced a 0.92% decline, dropping to $2,414.06. Bitcoin's dominance remained strong at approximately 60.1%, indicating continued investor preference for the leading cryptocurrency.

Quack AI (Q) emerged as the top gainer with a 41.84% increase, though no specific catalyst is identified. Bitway (BTW) and Pearl (PRL) also saw gains of 18.16% and 7.31%, respectively, with both movements attributed to broader market sentiment rather than any clear news events.

Starknet (STRK) led the losers with a 13.05% decline, despite having recently rallied. Aerodrome Finance (AERO), Midnight (NIGHT), and Pyth Network (PYTH) also experienced significant drops of 8.05%, 7.64%, and 7.36%, respectively, with the declines generally attributed to broader market conditions.

Market sentiment remains neutral, with the Fear & Greed Index at 53. This indicates a balanced sentiment among investors, with neither extreme fear nor excessive optimism driving the market.

In other news, EigenCloud dropped 11% amid bearish pressure, Ethereum ETFs saw outflows of $320 million in a week, and XRP's price debate intensified following comments from a pro-Ripple lawyer. Additionally, Chainalysis reported that 66.9% of tokenized U.S. Treasuries are held abroad, and the Cysic crypto bridge was halted after an unauthorized mint of 10 million CYS tokens.

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Frequently asked

What is the total crypto market cap today?

As of October 18, 2026, the total cryptocurrency market capitalisation is $2.74T, down 3.40% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Quack AI (Q) was among the biggest gainers, up 41.84% in 24 hours.

Which cryptocurrency fell the most in this report?

Starknet (STRK) was among the biggest decliners, down 13.05% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 53, 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 3.38% to $2.74 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.