Crypto Market Cap Drops 3.18% to $2.74 Trillion
The cryptocurrency market experiences a slight downturn amid mixed performance from major assets.
- The total crypto market is worth $2.74T, down 3.18% in 24 hours.
- Bitcoin is down 0.54%, holding 59.5% of the market.
- Top gainer: Quack AI (Q) +125.8%.
- Biggest drop: Starknet (STRK) -11.6%.
- Sentiment: Fear & Greed at 55 (Greed).
TLT Market Desk — The total cryptocurrency market capitalization decreased by 3.18% over the past 24 hours, settling at $2.74 trillion. This decline marks a notable shift in market dynamics after a period of relative stability.
Bitcoin's price dipped by 0.54% to $81,266, while 
Ethereum saw a slightly larger decline of 1.37%, trading at $2,390.72. Bitcoin's dominance remained strong at approximately 59.5%, indicating its continued influence on the broader market.
Quack AI (Q) emerged as the top gainer with a 125.79% increase, though no specific catalyst for this surge is apparent in the available data. 
Bitway (BTW) followed with a 31.58% rise, driven by high trading volume but without a clear underlying reason. Pearl (PRL) also posted gains of 6.92%, moving independently of the broader market trend.
Starknet (STRK) led the list of losers with a 11.56% decline, attributed to recent market volatility and negative sentiment following a significant price correction. 
LayerZero (ZRO) and 
Pyth Network (PYTH) both fell by around 9.7%, with their declines likely linked to broader market conditions rather than specific negative news.
The overall market sentiment, as measured by the Fear & Greed Index, remained in 'Greed' territory at 55, suggesting a cautious optimism among investors despite the day's downturn. This sentiment contrasts with the slight decrease in market cap and the mixed performance of major cryptocurrencies.
In other news, recent headlines have highlighted developments such as Solana's potential price impact from app revenue and positive Q3 releases, Aave V4's growing adoption on Base, and the detention of HEX founder Richard Heart in Istanbul. These events, along with Pantera's $10 million funding round for Fission, indicate ongoing activity and interest in the crypto space.
Movers in this report
Frequently asked
What is the total crypto market cap today?
As of October 17, 2026, the total cryptocurrency market capitalisation is $2.74T, down 3.18% over the last 24 hours.
Which cryptocurrency gained the most in this report?
Quack AI (Q) was among the biggest gainers, up 125.79% in 24 hours.
Which cryptocurrency fell the most in this report?
Starknet (STRK) was among the biggest decliners, down 11.56% 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
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.