Crypto Market Cap Drops 3.60% to $2.76 Trillion
The cryptocurrency market experienced a broad decline, with Bitcoin and Ethereum both down slightly amid a mixed news landscape.
- The total crypto market is worth $2.76T, down 3.60% in 24 hours.
- Bitcoin is down 0.66%, holding 59.4% of the market.
- Top gainer: Celestia (TIA) +14.5%.
- Biggest drop: Starknet (STRK) -15.6%.
- Sentiment: Fear & Greed at 63 (Greed).
TLT Market Desk — The total cryptocurrency market cap decreased by 3.60% over the past 24 hours, falling to $2.76 trillion from its previous level.
Bitcoin's price dipped by 0.66% to $81,713, while 
Ethereum saw a more modest decline of 1.00%, settling at $2,424.54. Bitcoin's dominance remained strong at approximately 59.4%.
Celestia (TIA) emerged as the biggest gainer, rising by 14.49% due to a combination of strong price momentum and increased trading activity.
Starknet (STRK) led the losers with a 15.55% drop, likely driven by profit-taking after a recent rally and broader market conditions. 
Basic Attention (BAT), 
Akedo (AKE), and 
Pearl (PRL) also declined, with movements seemingly influenced by the broader market sentiment.
The overall market sentiment remains in 'Greed' territory with a Fear & Greed index of 63, indicating a cautious but optimistic investor outlook despite the market cap decline.
Recent headlines highlight various developments, including NEAR's funding of 17 MPC operators, Arbitrum's growth in real-world assets, and Solana's postponement of its Shanghai event. These events, however, do not appear to have provided a clear catalyst for the market's direction.
Movers in this report
Celestia TIA—▲ 14.49%Starknet STRK—▼ 15.55%Basic Attention BAT—▼ 9.32%Akedo AKE—▼ 8.92%Pearl PRL—▼ 8.78%
Derive DRV—▼ 7.98%Frequently asked
What is the total crypto market cap today?
As of October 16, 2026, the total cryptocurrency market capitalisation is $2.76T, down 3.60% over the last 24 hours.
Which cryptocurrency gained the most in this report?
Celestia (TIA) was among the biggest gainers, up 14.49% in 24 hours.
Which cryptocurrency fell the most in this report?
Starknet (STRK) was among the biggest decliners, down 15.55% in 24 hours.
What is the crypto Fear and Greed Index right now?
The Fear & Greed Index reads 63, 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.