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Midday Update

Crypto Market Cap Drops 2.16% to $2.72 Trillion

The cryptocurrency market experiences a slight downturn amid neutral sentiment and mixed performance across major assets.

Key takeaways
  • The total crypto market is worth $2.72T, down 2.16% in 24 hours.
  • Bitcoin is up 0.53%, holding 59.4% of the market.
  • Top gainer: Bitway (BTW) +18.6%.
  • Biggest drop: Akedo (AKE) -32.5%.
  • Sentiment: Fear & Greed at 51 (Neutral).

The total cryptocurrency market capitalization decreased by 2.16% over the past 24 hours, settling at $2.72 trillion as of the latest data snapshot.

Bitcoin's price rose by 0.53% to $80,635, maintaining its dominance at approximately 59.4%, while Ethereum saw a more modest increase of 0.25% to $2,337.01.

Bitway (BTW) emerged as the top gainer with an 18.61% increase, attributed to broader market sentiment, followed by Pepe (PEPE) which rose 12.66% due to increased buying activity linked to Justin Sun's accumulation.

The biggest loser was Akedo (AKE), which saw a significant decline of 32.45%, though no clear catalyst was identified for this drop, while Venice Token (VVV) and XDC Network (XDC) also fell amid broader market movements.

Market sentiment remained neutral with a Fear & Greed Index of 51, indicating a balanced outlook among investors despite the overall market cap decline.

In other news, China stocks entered a bear market as AI shares plunged, while Ripple anticipates a $900 million annualized product revenue run rate as institutional business expands. Additionally, the CFTC's lawsuit against Utah over a prediction market crackdown adds to the regulatory landscape.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 28, 2026, the total cryptocurrency market capitalisation is $2.72T, down 2.16% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Bitway (BTW) was among the biggest gainers, up 18.61% in 24 hours.

Which cryptocurrency fell the most in this report?

Akedo (AKE) was among the biggest decliners, down 32.45% 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 Reaches $2.75 Trillion as Bitcoin and Ethereum Rise

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.