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Market Wrap

Crypto Market Cap Drops 4.90% to $2.76 Trillion

The cryptocurrency market experienced a broad downturn with Bitcoin and Ethereum both declining, while some altcoins bucked the trend.

Key takeaways
  • The total crypto market is worth $2.76T, down 4.90% in 24 hours.
  • Bitcoin is down 2.04%, holding 59.3% of the market.
  • Top gainer: Bitway (BTW) +21.0%.
  • Biggest drop: Grass (GRASS) -13.1%.
  • Sentiment: Fear & Greed at 62 (Greed).

The total cryptocurrency market capitalization decreased by 4.90% over the past 24 hours, falling to $2.76 trillion. This downturn affected most major cryptocurrencies, with trading volumes reflecting increased market volatility.

Bitcoin, the largest cryptocurrency by market cap, dropped 2.04% to $81,576, while its dominance remained strong at 59.3%. Ethereum, the second-largest cryptocurrency, fell by 3.40% to $2,416.89, underperforming Bitcoin during the period.

Bitway (BTW) emerged as the top gainer with a 20.99% increase, driven by significant price and volume surges, although no specific catalyst was identified. Collector Crypt (CARDS) and Provenance Blockchain (HASH) also posted gains of 15.77% and 12.85% respectively, moving against the broader market trend.

The biggest losers included Grass (GRASS), which fell 13.11% amid the market downturn, and Optimism (OP), which declined 11.61% after reversing recent gains. Starknet (STRK) and Raydium (RAY) also dropped by 9.87% and 9.29% respectively, with their declines attributed to the broader market conditions.

Despite the market downturn, the Fear & Greed Index remained in 'Greed' territory at 62, indicating a moderate level of investor confidence. Bitcoin's dominance at 59.3% suggests that investors are still favoring Bitcoin over other cryptocurrencies during this period of volatility.

Recent headlines highlight various developments in the crypto space, including Kamino's Total Value Locked (TVL) growth, Ethereum's leadership in the tokenized ETF market, and BNB Chain's growth in the tokenized stock market. These stories reflect ongoing innovation and competition within the industry.

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Frequently asked

What is the total crypto market cap today?

As of October 14, 2026, the total cryptocurrency market capitalisation is $2.76T, down 4.90% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Bitway (BTW) was among the biggest gainers, up 20.99% in 24 hours.

Which cryptocurrency fell the most in this report?

Grass (GRASS) was among the biggest decliners, down 13.11% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 62, 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 4.85% to $2.77 TrillionLater report →Crypto Market Cap Drops 5.54% to $2.71 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.