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Morning Brief

Crypto Market Cap Drops 2.78% to $2.82 Trillion

The cryptocurrency market experiences a slight downturn amid mixed performance from major assets.

Key takeaways
  • The total crypto market is worth $2.82T, down 2.78% in 24 hours.
  • Bitcoin is up 0.76%, holding 59.6% of the market.
  • Top gainer: Grass (GRASS) +26.9%.
  • Sentiment: Fear & Greed at 69 (Greed).

The total cryptocurrency market capitalization decreased by 2.78% over the past 24 hours, settling at $2.82 trillion. Despite the overall decline, the market showed signs of resilience with Bitcoin and Ethereum posting modest gains.

Bitcoin's price rose by 0.76% to $83,591, maintaining its dominance at approximately 59.6% of the total market cap. Ethereum also saw a positive movement, increasing by 1.25% to $2,540.43, outperforming the broader market trend.

The biggest gainer was Grass (GRASS), which surged by 26.86%. This move was independent of the broader market's flat performance. Provenance Blockchain (HASH) and Internet Computer (ICP) also rose by 13.50% and 12.13%, respectively, with no specific catalysts identified for their increases.

No cryptocurrencies met the threshold to be classified as significant losers during this period, indicating a relatively stable market despite the overall downturn.

Market sentiment, as measured by the Fear & Greed Index, remained in 'Greed' territory at 69, suggesting a cautiously optimistic outlook among investors. Bitcoin's dominance remained strong, underscoring its influence on the market's direction.

In recent news, the Ethereum Foundation-linked wallets transferred 4,393 ETH, and the Sui Foundation invested $30 million in the DATA Network as the AI data protocol migrates to Sui. These developments highlight ongoing activity and investment in the blockchain space.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 12, 2026, the total cryptocurrency market capitalisation is $2.82T, down 2.78% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Grass (GRASS) was among the biggest gainers, up 26.86% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 69, indicating "Greed" — a gauge of overall market sentiment from 0 (extreme fear) to 100 (extreme greed).

In the headlines

Token Times Market Desk Verified data

Token Times'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 2.91% to $2.81 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.