Crypto Market Cap Drops 6.50% to $2.74 Trillion
The cryptocurrency market experiences a broad decline amid a 6.50% drop in total market capitalization over the past 24 hours.
- The total crypto market is worth $2.74T, down 6.50% in 24 hours.
- Bitcoin is down 4.25%, holding 59.5% of the market.
- Top gainer: MemeCore (M) +18.8%.
- Biggest drop: LayerZero (ZRO) -16.5%.
- Sentiment: Fear & Greed at 68 (Greed).
TLT Market Desk — The total cryptocurrency market cap decreased by 6.50% over the past 24 hours, falling to $2.74 trillion as of the latest data. This downturn reflects a widespread decline across major digital assets.
Bitcoin, the largest cryptocurrency by market cap, saw a 4.25% drop to $81,051, while its dominance remained strong at approximately 59.5%. 
Ethereum also declined, falling 5.52% to $2,375.32 amid the broader market downturn.
MemeCore (M) emerged as the biggest gainer, rising by 18.83%, likely due to market-specific factors rather than any clear catalyst. 
Akedo (AKE) also performed well, with a 17.84% increase, despite the overall market decline.
LayerZero (ZRO) led the losers with a 16.50% drop, moving in line with the broader market downturn. 
Starknet (STRK) and 
Stacks (STX) also experienced significant declines of 15.10% and 12.94%, respectively, as they tracked the overall market decline. 
Zcash (ZEC) was down 12.71%, likely due to broader market conditions.
The Fear & Greed Index currently stands at 68, indicating a sentiment of 'Greed' among investors. Despite this, the market is experiencing a downturn, suggesting a potential shift in sentiment in the near term.
In other news, NEAR Protocol launched a cross margin feature, enhancing user capabilities. Meanwhile, the US Treasury bonds are on track for their biggest rally since February, which could have indirect implications for the crypto market.
Movers in this report
Frequently asked
What is the total crypto market cap today?
As of October 22, 2026, the total cryptocurrency market capitalisation is $2.74T, down 6.50% over the last 24 hours.
Which cryptocurrency gained the most in this report?
MemeCore (M) was among the biggest gainers, up 18.83% in 24 hours.
Which cryptocurrency fell the most in this report?
LayerZero (ZRO) was among the biggest decliners, down 16.50% in 24 hours.
What is the crypto Fear and Greed Index right now?
The Fear & Greed Index reads 68, 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.