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Market Wrap

Crypto Market Cap Drops 3.53% to $2.8 Trillion

The cryptocurrency market experiences a broad downturn amid a period of market correction.

Key takeaways
  • The total crypto market is worth $2.80T, down 3.53% in 24 hours.
  • Bitcoin is down 1.56%, holding 59.1% of the market.
  • Top gainer: Pearl (PRL) +13.7%.
  • Biggest drop: Starknet (STRK) -14.1%.
  • Sentiment: Fear & Greed at 69 (Greed).

The total cryptocurrency market capitalization decreased by 3.53% over the past 24 hours, bringing it to $2.8 trillion as of the latest data.

Bitcoin, the largest cryptocurrency by market cap, saw a 1.56% decline, trading at $82,458, while Ethereum dropped 1.04% to $2,510.41, with Bitcoin's dominance remaining strong at 59.1%.

Pearl (PRL) was the most notable gainer, rising by 13.69%, as it moved against the broader market trend with a significant price increase.

Starknet (STRK) led the losers with a 14.10% decline after a week of strong gains, while Conflux (CFX) and Derive (DRV) fell by 13.00% and 12.84%, respectively, in line with the broader market downturn.

The Fear & Greed Index currently stands at 69, indicating a sentiment of 'Greed' despite the market's overall decline.

In recent news, Morgan Stanley predicts tokenized assets could reach $3 trillion to $10 trillion by 2030, and Aave V4 has surpassed $300 million in deposits as DeFi continues to gain traction.

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Frequently asked

What is the total crypto market cap today?

As of October 12, 2026, the total cryptocurrency market capitalisation is $2.80T, down 3.53% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Pearl (PRL) was among the biggest gainers, up 13.69% in 24 hours.

Which cryptocurrency fell the most in this report?

Starknet (STRK) was among the biggest decliners, down 14.10% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 69, indicating "Greed" — 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 Drops 3.14% to $2.81 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.