Crypto Market Cap Drops 2.16% to $2.78 Trillion
The cryptocurrency market saw a slight decline, with Bitcoin and Ethereum posting modest gains amid mixed performance across altcoins.
- The total crypto market is worth ₹264.13T, down 2.16% in 24 hours.
- Bitcoin is up 0.62%, holding 59.3% of the market.
- Top gainer: Basic Attention (BAT) +24.9%.
- Biggest drop: Bitway (BTW) -23.0%.
- Sentiment: Fear & Greed at 63 (Greed).
Token Times Market Desk — The total cryptocurrency market cap decreased by 2.16% over the past 24 hours, settling at $2.78 trillion. This decline marks a minor correction after recent market movements.
Bitcoin and 
Ethereum both posted modest gains, with Bitcoin up 0.62% to $82,159 and Ethereum rising 0.80% to $2,440.55. Bitcoin's dominance remained strong at approximately 59.3%, indicating continued investor preference for the leading cryptocurrency.
The biggest gainer was 
Basic Attention Token (BAT), which surged 24.94% without an identifiable catalyst. 
Akedo (AKE) also rose by 20.03%, seemingly influenced by broader market sentiment. 
Collector Crypt (CARDS) and 
Starknet (STRK) saw increases of 13.58% and 12.56% respectively, with Starknet's rise potentially tied to its governance vote on becoming an independent Layer 1 blockchain.
Bitway (BTW) led the losers with a 23.02% decline, likely due to profit-taking after a sharp rally. 
Beldex (BDX) fell 11.89% without a clear reason, while 
Canton (CC) dropped 8.52% despite its expansion into the South Korean market, suggesting broader market sentiment may be outweighing positive news.
Market sentiment remained in 'Greed' territory with a Fear & Greed index of 63, indicating a cautiously optimistic outlook among investors. This sentiment is consistent with the relatively flat overall market direction.
In other news, Ledger launched a full dApp store for Solana, while speculation about Bitcoin's potential inclusion in GTA 6 was reignited by a new trailer. Additionally, Circle may face stricter EU oversight under MiCA, and Ripple Prime has opened 24/7 RWA swaps for institutions. Meanwhile, BitFuFu is considering abandoning its Ethiopia Bitcoin mine purchase due to a power dispute, and a scammer lost over 60 BTC after defrauding victims through fake tasks.
Movers in this report
Frequently asked
What is the total crypto market cap today?
As of October 16, 2026, the total cryptocurrency market capitalisation is ₹264.13T ($2.78T), down 2.16% over the last 24 hours.
Which cryptocurrency gained the most in this report?
Basic Attention (BAT) was among the biggest gainers, up 24.94% in 24 hours.
Which cryptocurrency fell the most in this report?
Bitway (BTW) was among the biggest decliners, down 23.02% in 24 hours.
What is the crypto Fear and Greed Index right now?
The Fear & Greed Index reads 63, 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.