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Midday Update

Crypto Market Cap Drops 5.29% to $2.69 Trillion

The cryptocurrency market experiences a broad downturn amid a neutral investor sentiment.

Key takeaways
  • The total crypto market is worth $2.69T, down 5.29% in 24 hours.
  • Bitcoin is down 2.43%, holding 59.6% of the market.
  • Biggest drop: Quack AI (Q) -33.2%.
  • Sentiment: Fear & Greed at 51 (Neutral).

The total cryptocurrency market capitalization decreased by 5.29% over the past 24 hours, falling to $2.69 trillion. This downturn reflects a broader market correction affecting major assets and altcoins alike.

Bitcoin, the largest cryptocurrency by market cap, saw a 2.43% decline, dropping to $79,648. Ethereum also fell by 4.34%, reaching $2,300.64. Bitcoin's dominance remained strong at approximately 59.6%, indicating it fared better than most altcoins during the downturn.

Among the biggest losers, Quack AI (Q) experienced the most significant decline of 33.18%, attributed to market conditions rather than any specific event. Collector Crypt (CARDS) and Akedo (AKE) also saw substantial drops of 17.09% and 16.46%, respectively, likely due to the same market pressures.

Worldcoin (WLD) was another notable loser, declining by 13.44%. This downward movement aligns with the overall market trend, as no unique catalyst was identified for its price decrease.

Investor sentiment remained in the 'Neutral' zone with a Fear & Greed index of 51. Despite the market downturn, this neutral sentiment suggests a lack of extreme fear or excessive optimism among investors.

In other news, Sweden's government offices have blocked ChatGPT and Claude while retaining access to Microsoft Copilot, indicating a cautious approach to AI tools. Additionally, South Korea's stablecoin initiatives have sparked discussions about potential crypto market rallies, though no immediate impact was observed.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 24, 2026, the total cryptocurrency market capitalisation is $2.69T, down 5.29% over the last 24 hours.

Which cryptocurrency fell the most in this report?

Quack AI (Q) was among the biggest decliners, down 33.18% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 51, 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 Falls 4.27% to $2.69 TrillionLater report →Crypto Market Cap Drops 3.72% to $2.71 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.