Crypto Market Cap Dips 1.66% to $2.93 Trillion
The crypto market remains relatively flat amid mixed performance from major assets and a 'Greed' sentiment level.
- The total crypto market is worth $2.93T, down 1.66% in 24 hours.
- Bitcoin is up 0.25%, holding 58.7% of the market.
- Top gainer: Pearl (PRL) +13.8%.
- Biggest drop: Akedo (AKE) -10.7%.
- Sentiment: Fear & Greed at 70 (Greed).
TLT Market Desk — The total cryptocurrency market capitalization decreased by 1.66% over the past 24 hours, settling at $2.93 trillion. This modest decline follows a period of relative stability in the broader market.
Bitcoin and 
Ethereum both posted slight gains, with Bitcoin up 0.25% to $85,576 and Ethereum rising 0.24% to $2,708.7. Despite these modest increases, Bitcoin's market dominance remained strong at approximately 58.7%.
The biggest gainer was 
Pearl (PRL), which rose by 13.76%. This move appears to be independent of broader market trends, with no clear catalyst identified. 
Filecoin (FIL) and 
Lighter (LIT) also saw gains of 9.01% and 8.98% respectively, with analysts attributing these movements to general market sentiment rather than specific news events.
Akedo (AKE) led the losers with a 10.73% decline, as its price movement seems to be influenced by the overall flat market conditions. 
Monad (MON) dropped 7.59% amid $48.22 million in trading volume, while 
Sky (SKY) fell 5.98% despite a positive 7-day performance, with no clear reason identified for its decline.
Market sentiment, as measured by the Fear & Greed Index, remains in 'Greed' territory at 70, indicating a relatively positive investor outlook despite the day's minor downturn. Bitcoin's dominance at nearly 58.7% underscores its continued influence over the market's direction.
In other news, the SEC has cleared 3x leveraged Bitcoin and Ethereum funds for trading, while the CFTC is joining the SEC in proposing a new crypto framework. These developments come as the S&P Global introduces risk assessments for the growing crypto lending vault sector, reflecting increasing institutional involvement in the space.
Movers in this report
Frequently asked
What is the total crypto market cap today?
As of October 5, 2026, the total cryptocurrency market capitalisation is $2.93T, down 1.66% over the last 24 hours.
Which cryptocurrency gained the most in this report?
Pearl (PRL) was among the biggest gainers, up 13.76% in 24 hours.
Which cryptocurrency fell the most in this report?
Akedo (AKE) was among the biggest decliners, down 10.73% in 24 hours.
What is the crypto Fear and Greed Index right now?
The Fear & Greed Index reads 70, indicating "Greed" — 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.