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Market Wrap

Crypto Market Cap Drops 3.82% to $2.78 Trillion

The cryptocurrency market experiences a broad downturn amid a slight shift in sentiment.

Key takeaways
  • The total crypto market is worth $2.78T, down 3.82% in 24 hours.
  • Bitcoin is down 1.99%, holding 59.2% of the market.
  • Top gainer: Pearl (PRL) +17.4%.
  • Biggest drop: Starknet (STRK) -29.1%.
  • Sentiment: Fear & Greed at 69 (Greed).

The total cryptocurrency market capitalization decreased by 3.82% over the past 24 hours, falling to $2.78 trillion as of the latest data snapshot.

Bitcoin's price declined by 1.99% to $82,117, while Ethereum saw a more pronounced drop of 2.98%, settling at $2,467.31. Bitcoin's dominance remained strong at approximately 59.2%.

Pearl (PRL) was the most notable gainer, rising by 17.37% against the broader market trend. This move appears to be driven by specific factors, as it diverges from the overall market sentiment.

Starknet (STRK) led the list of biggest losers, falling by 29.13% after a period of significant gains. Conflux (CFX) and NEAR Protocol (NEAR) also declined, down 14.56% and 13.36% respectively, as they followed the broader market downturn. Ethena (ENA) dropped by 13.06%, tracking the overall negative trend.

Market sentiment remains in 'Greed' territory with a score of 69 on the Fear & Greed Index, despite the market-wide decline. Bitcoin's dominance at 59.2% indicates that it continues to hold a significant portion of the market's value.

In recent news, the USDC Treasury confirmed the minting of $250 million, while the Federal Reserve's potential rate hike cycle could impact global market dynamics. Additionally, Sui's record $80M USDsui stablecoin supply has sparked discussions about wider adoption.

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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 $2.78T, down 3.82% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Pearl (PRL) was among the biggest gainers, up 17.37% in 24 hours.

Which cryptocurrency fell the most in this report?

Starknet (STRK) was among the biggest decliners, down 29.13% 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 TrillionLater report →Crypto Market Cap Drops 3.55% to $2.8 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.