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Market Wrap

Crypto Market Cap Drops 2.03% to $2.76 Trillion

The cryptocurrency market shows mixed performance with Bitcoin and Ethereum posting modest gains while the overall market cap declines.

Key takeaways
  • The total crypto market is worth $2.76T, down 2.03% in 24 hours.
  • Bitcoin is up 0.58%, holding 59.4% of the market.
  • Top gainer: Irys (IRYS) +515.1%.
  • Biggest drop: Quack AI (Q) -8.8%.
  • Sentiment: Fear & Greed at 50 (Neutral).

The total cryptocurrency market capitalization decreased by 2.03% over the past 24 hours, bringing it to $2.76 trillion as of the latest data.

Bitcoin's price rose by 0.58% to $81,654, maintaining its dominance at approximately 59.4%, while Ethereum outperformed with a 1.25% gain to reach $2,405.66.

The biggest gainer was Irys (IRYS), which surged by 515.13%, although no specific catalyst has been identified for this significant increase.

Other notable gainers included Akedo (AKE), which rose by 20.33% following a significant token unlock event, and Collector Crypt (CARDS), which moved independently of the broader market with an 11.77% increase.

The biggest losers were Quack AI (Q) and Pearl (PEARL), both declining by around 8.7%, with their movements attributed to broader market sentiment rather than specific news events.

The market sentiment remains neutral with a Fear & Greed index of 50. Recent headlines include a security incident affecting Initia, which has halted its network after an attacker reportedly minted tokens, and the launch of Lido Lend's Turbulence Controls.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 23, 2026, the total cryptocurrency market capitalisation is $2.76T, down 2.03% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Irys (IRYS) was among the biggest gainers, up 515.13% in 24 hours.

Which cryptocurrency fell the most in this report?

Quack AI (Q) was among the biggest decliners, down 8.76% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 50, indicating "Neutral" — 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 2.61% 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.