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Midday Update

Crypto Market Cap Falls 4.41% to $2.71 Trillion

The cryptocurrency market experiences a broad decline amid neutral sentiment and Bitcoin maintaining its dominance.

Key takeaways
  • The total crypto market is worth $2.71T, down 4.41% in 24 hours.
  • Bitcoin is down 0.32%, holding 60.1% of the market.
  • Top gainer: Pearl (PRL) +14.2%.
  • Biggest drop: Pyth Network (PYTH) -9.3%.
  • Sentiment: Fear & Greed at 53 (Neutral).

The total cryptocurrency market capitalization decreased by 4.41% over the past 24 hours, dropping to $2.71 trillion as of October 18, 2026.

Bitcoin's price saw a minor decline of 0.32%, settling at $81,062, while Ethereum fell by 1.58% to $2,373.51. Bitcoin's dominance remained strong at approximately 60.1%.

Pearl (PRL) emerged as the top gainer with a 14.24% increase, although no specific catalyst was identified. Backpack (BP) rose by 10.32% without a clear reason, while Monero (XMR) gained 6.64% following its recognition as CoinCodex's 'Coin of The Day'.

Pyth Network (PYTH) led the losers with a 9.31% decline, attributed to broader market sentiment. Grass (GRASS) and Celestia (TIA) also fell by 7.25% and 6.76% respectively, with TIA's decline linked to volatility surrounding the Eden launch.

Market sentiment remained neutral with a Fear & Greed index of 53. Despite the overall market decline, Bitcoin's dominance at 60.1% indicated relative stability compared to other cryptocurrencies.

Recent headlines included speculation around Evernorth's potential $655 million XRP purchase, Aave's native Bitcoin plan facing governance questions, and Latvia's consideration of crypto tax payments by 2027. These stories reflect ongoing developments amid the market's downward trend.

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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 $2.71T, down 4.41% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Pearl (PRL) was among the biggest gainers, up 14.24% in 24 hours.

Which cryptocurrency fell the most in this report?

Pyth Network (PYTH) was among the biggest decliners, down 9.31% 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 TrillionLater report →Crypto Market Cap Drops 2.88% 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.