Crypto Market Cap Drops 5.25% to $2.85 Trillion
The cryptocurrency market experienced a broad decline, with Bitcoin and Ethereum both falling amid a 'Greed' sentiment.
- The total crypto market is worth $2.85T, down 5.25% in 24 hours.
- Bitcoin is down 2.43%, holding 58.8% of the market.
- Top gainer: Pearl (PRL) +25.1%.
- Biggest drop: Jupiter (JUP) -11.3%.
- Sentiment: Fear & Greed at 71 (Greed).
TLT Market Desk — The total cryptocurrency market capitalization decreased by 5.25% over the past 24 hours, falling to $2.85 trillion from its previous level.
Bitcoin's price dropped by 2.43% to $83,489, while 
Ethereum fell by 4.67% to $2,569.75. Bitcoin's dominance remained strong at approximately 58.8% of the total market cap.
Pearl (PRL) was the top gainer, rising by 25.10%, although there is no clear catalyst for this movement. 
Raydium (RAY) also saw gains of 8.94%, continuing its positive trend from the past week.
Jupiter (JUP) led the losses with a decline of 11.28%, followed by 
Filecoin (FIL) at -10.68% and 
Monad (MON) at -10.65%. 
Pudgy Penguins (PENGU) dropped by 9.29% following news of its parent company's blockchain shutdown.
Despite the market downturn, the Fear & Greed Index remained in 'Greed' territory at 71, indicating a mixed sentiment among investors. Bitcoin's dominance at nearly 58.8% suggests continued strength in the largest cryptocurrency.
Recent headlines include HNT's 8.11% surge in 30 minutes, THORChain's integration of ZEC for cross-chain swaps, and institutions building on Base with SMBC Nikko's involvement. Solana and Ethereum were also noted as assets on 'buy the dip' lists.
Movers in this report
Frequently asked
What is the total crypto market cap today?
As of October 7, 2026, the total cryptocurrency market capitalisation is $2.85T, down 5.25% over the last 24 hours.
Which cryptocurrency gained the most in this report?
Pearl (PRL) was among the biggest gainers, up 25.10% in 24 hours.
Which cryptocurrency fell the most in this report?
Jupiter (JUP) was among the biggest decliners, down 11.28% in 24 hours.
What is the crypto Fear and Greed Index right now?
The Fear & Greed Index reads 71, 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.