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Market Wrap

Crypto Market Cap Drops 2.62% to $2.75 Trillion

The cryptocurrency market experiences a slight decline amid mixed movements in major assets and a neutral sentiment reading.

Key takeaways
  • The total crypto market is worth $2.75T, down 2.62% in 24 hours.
  • Bitcoin is up 0.30%, holding 59.4% of the market.
  • Top gainer: Quack AI (Q) +119.9%.
  • Biggest drop: Starknet (STRK) -7.1%.
  • Sentiment: Fear & Greed at 55 (Greed).

The total cryptocurrency market cap decreased by 2.62% over the past 24 hours, settling at $2.75 trillion as of October 17, 2026.

Bitcoin's price rose by 0.30% to $81,330, maintaining its dominance at approximately 59.4%, while Ethereum saw a modest increase of 0.22% to $2,411.39.

The biggest gainers were Quack AI (Q), Bitway (BTW), and Pearl (PRL), with gains of 119.89%, 36.16%, and 7.99% respectively, though no specific catalysts were identified for these increases.

Starknet (STRK), Stacks (STX), LayerZero (ZRO), and Filecoin (FIL) were the most significant losers, with declines of 7.08%, 6.87%, 6.73%, and 6.56% respectively, attributed to broader market sentiment and specific concerns like liquidation events for Starknet.

The overall market sentiment remained in 'Greed' territory with a Fear & Greed index of 55, indicating a cautiously optimistic outlook despite the market cap decline.

Recent headlines highlight mixed sentiments, including Bitcoin holders reducing exchange transfers, ongoing concerns about crypto scams, and legal issues related to misuse of investor funds. Additionally, the XRP Ledger is nearing an upgrade, though voting on lending features has fallen short.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 17, 2026, the total cryptocurrency market capitalisation is $2.75T, down 2.62% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Quack AI (Q) was among the biggest gainers, up 119.89% in 24 hours.

Which cryptocurrency fell the most in this report?

Starknet (STRK) was among the biggest decliners, down 7.08% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 55, 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% to $2.75 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.