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Midday Update

Crypto Market Cap Drops 4.49% to $2.76 Trillion

The cryptocurrency market experienced a broad downturn, with Bitcoin and Ethereum both declining amid a 'Greed' sentiment.

Key takeaways
  • The total crypto market is worth $2.76T, down 4.49% in 24 hours.
  • Bitcoin is down 2.10%, holding 59.5% of the market.
  • Top gainer: MemeCore (M) +16.5%.
  • Biggest drop: Provenance Blockchain (HASH) -12.9%.
  • Sentiment: Fear & Greed at 68 (Greed).

The total cryptocurrency market capitalization decreased by 4.49% over the past 24 hours, falling to $2.76 trillion. This downturn reflects a broader market correction affecting most major digital assets.

Bitcoin, the largest cryptocurrency by market cap, dropped 2.10% to $81,716, while Ethereum fell 2.70% to $2,401.27. Bitcoin's dominance remained strong at approximately 59.5%, indicating it continues to influence overall market movements.

MemeCore (M) emerged as the biggest gainer, rising 16.50%, likely due to broader market sentiment rather than specific news. Lighter (LIT) also gained 8.55%, potentially driven by news of potential U.S. licensing and Robinhood integration.

Provenance Blockchain (HASH) led the losers with a 12.95% decline, moving in tandem with the broader market downturn. LayerZero (ZRO) fell 8.56% despite positive project news, while Worldcoin (WLD) and Stacks (STX) dropped 8.01% and 7.83% respectively, aligning with the overall market trend.

The Fear & Greed Index stands at 68, indicating a 'Greed' sentiment among investors. This suggests that while the market is experiencing a correction, investor sentiment remains relatively positive.

In other news, Robinhood secured DFSA authorization for its 2027 Middle East launch, and Travala introduced an AVA Buyback Multiplier, scaling buybacks up to 4x member rewards. These developments may influence related tokens in the coming days.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 22, 2026, the total cryptocurrency market capitalisation is $2.76T, down 4.49% over the last 24 hours.

Which cryptocurrency gained the most in this report?

MemeCore (M) was among the biggest gainers, up 16.50% in 24 hours.

Which cryptocurrency fell the most in this report?

Provenance Blockchain (HASH) was among the biggest decliners, down 12.95% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 68, 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 5.12% 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.