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Midday Update

Crypto Market Cap Drops 1.32% to $2.84 Trillion

Bitcoin and Ethereum post gains as market sentiment remains in 'Greed' territory.

Key takeaways
  • The total crypto market is worth $2.84T, down 1.32% in 24 hours.
  • Bitcoin is up 2.33%, holding 59.6% of the market.
  • Top gainer: Provenance Blockchain (HASH) +23.4%.
  • Biggest drop: Bitway (BTW) -22.7%.
  • Sentiment: Fear & Greed at 63 (Greed).

The total cryptocurrency market cap decreased by 1.32% over the past 24 hours, settling at $2.84 trillion. Despite this decline, the overall market direction remains broadly up, suggesting a period of consolidation rather than a reversal.

Bitcoin and Ethereum both posted gains, with Bitcoin rising 2.33% to $84,460 and Ethereum increasing by 2.85% to $2,508.15. Bitcoin's dominance in the market stands at approximately 59.6%, reflecting its continued influence on the broader market trends.

The biggest gainers of the day include Provenance Blockchain (HASH), Ethena (ENA), Zcash (ZEC), and Starknet (STRK). HASH and ENA are moving with the broader market uptrend, while ZEC's price is rising due to the upcoming NU7 upgrade and positive market sentiment. STRK's increase is likely driven by the broader market trend rather than specific news.

In contrast, Bitway (BTW) and Akedo (AKE) were the biggest losers, with BTW experiencing a significant 22.72% decline and AKE dropping by 14.80%. These losses occurred despite the generally positive market environment, indicating potential idiosyncratic factors at play.

Market sentiment, as measured by the Fear & Greed Index, remains in 'Greed' territory at 63, suggesting investor confidence is relatively high. This sentiment aligns with the positive price movements observed in major cryptocurrencies.

Recent headlines include Abracadabra's DAO voting to shut down its protocol, Deepseek AI's prediction of a significant move by Chainlink (LINK), and Solana's founders pushing to remove the 'Beta' tag as Alpenglow. Additionally, PancakeSwap's TVL surged 19% to $2.4 billion following a fee overhaul vote, and Charles Hoskinson announced he is building a new programming language for Cardano.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 21, 2026, the total cryptocurrency market capitalisation is $2.84T, down 1.32% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Provenance Blockchain (HASH) was among the biggest gainers, up 23.42% in 24 hours.

Which cryptocurrency fell the most in this report?

Bitway (BTW) was among the biggest decliners, down 22.72% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 63, 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 Dips Slightly to $2.81 TrillionLater report →Crypto Market Cap Dips 1.14% to $2.84 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.