Crypto Market Cap Drops 4.05% to $2.72 Trillion
The cryptocurrency market experiences a moderate decline amidst neutral sentiment.
- The total crypto market is worth $2.72T, down 4.05% in 24 hours.
- Bitcoin is down 0.46%, holding 60.0% of the market.
- Top gainer: Akedo (AKE) +15.7%.
- Biggest drop: Lighter (LIT) -8.9%.
- Sentiment: Fear & Greed at 50 (Neutral).
TLT Market Desk — The total cryptocurrency market cap decreased by 4.05% over the past 24 hours, settling at $2.72 trillion. This downturn reflects a broader market correction, though the overall direction remains relatively flat.
Bitcoin and 
Ethereum both saw minor declines, with Bitcoin dropping 0.46% to $81,533 and Ethereum falling 0.45% to $2,391.33. Bitcoin's dominance remained strong at approximately 60.0%, indicating its continued influence on market movements.
The biggest gainers of the day included 
Akedo (AKE), which rose by 15.70%, likely due to broader market sentiment rather than specific news. 
Pepe (PEPE) also gained 9.67%, potentially driven by whale activity despite concerns over liquidations. Collector Crypt (CARDS) moved independently of the market, increasing by 5.49%.
Lighter (LIT) led the losers with an 8.93% decline, attributed to market conditions and recent scrutiny despite positive developments. 
Pearl (PEARL) fell by 7.89%, primarily due to broader market conditions and sentiment. 
Starknet (STRK) and 
Quant (QNT) also dropped by 6.96% and 6.86%, respectively, in line with the overall market trend.
Market sentiment remained neutral, with the Fear & Greed index at 50. This suggests a lack of strong conviction in either direction, which aligns with the relatively flat overall market direction.
In recent news, Smarter Web added 20 BTC as its preferred shares paid their first weekly dividend, while bank stocks reportedly crashed by $22 billion after an AI access scare. Additionally, Solana unveiled its post-quantum plan, and the CFTC's scrutiny of AI trading rules made headlines.
Movers in this report
Frequently asked
What is the total crypto market cap today?
As of October 23, 2026, the total cryptocurrency market capitalisation is $2.72T, down 4.05% over the last 24 hours.
Which cryptocurrency gained the most in this report?
Akedo (AKE) was among the biggest gainers, up 15.70% in 24 hours.
Which cryptocurrency fell the most in this report?
Lighter (LIT) was among the biggest decliners, down 8.93% in 24 hours.
What is the crypto Fear and Greed Index right now?
The Fear & Greed Index reads 50, indicating "Neutral" — a gauge of overall market sentiment from 0 (extreme fear) to 100 (extreme greed).
In the headlines
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.