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Market Wrap

Crypto Market Cap Drops to $2.71 Trillion Amid Broad Decline

The cryptocurrency market has seen a significant downturn, with Bitcoin and Ethereum both falling as broader market conditions weigh on prices.

Key takeaways
  • The total crypto market is worth $2.71T, down 4.28% in 24 hours.
  • Bitcoin is down 1.02%, holding 59.6% of the market.
  • Biggest drop: Quack AI (Q) -26.7%.
  • Sentiment: Fear & Greed at 51 (Neutral).

The total cryptocurrency market capitalization has decreased by 4.28% in the past 24 hours, bringing it to $2.71 trillion as of the latest data snapshot.

Bitcoin experienced a 1.02% decline, settling at $80,432, while Ethereum dropped by 2.52% to $2,334.93, reflecting the broader market's downward trend.

Among the biggest gainers, no cryptocurrency exceeded the threshold for significant gains, indicating a predominantly bearish market environment.

Quack AI (Q) led the losers with a 26.72% decline, attributed to an unspecified catalyst, followed by Akedo (AKE) and Collector Crypt (CARDS) with drops of 18.54% and 12.82%, respectively, due to broader market conditions.

The Fear & Greed Index stands at 51, indicating a neutral sentiment, while Bitcoin's dominance remains strong at 59.6%, suggesting it continues to be the market's primary driver.

Recent headlines include Kraken's adjustments to Monero transactions, a significant liquidation event affecting Worldcoin, and legal developments in the NovaTech crypto fraud case, which may be influencing market sentiment.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 24, 2026, the total cryptocurrency market capitalisation is $2.71T, down 4.28% over the last 24 hours.

Which cryptocurrency fell the most in this report?

Quack AI (Q) was among the biggest decliners, down 26.72% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 51, 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 5.29% to $2.69 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.