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Morning Brief

Crypto Market Cap Drops 4.92% to $2.74 Trillion

The cryptocurrency market experiences a broad downturn amid neutral sentiment.

Key takeaways
  • The total crypto market is worth ₹259.67T, down 4.92% in 24 hours.
  • Bitcoin is down 2.59%, holding 59.4% of the market.
  • Top gainer: Akedo (AKE) +40.8%.
  • Biggest drop: Lighter (LIT) -10.7%.
  • Sentiment: Fear & Greed at 50 (Neutral).

The total cryptocurrency market capitalization decreased by 4.92% over the past 24 hours, falling to $2.74 trillion as of the latest data snapshot.

Bitcoin and Ethereum both recorded losses, with Bitcoin down 2.59% to $81,193 and Ethereum down 2.50% to $2,388.1, as the broader market trended downward.

The biggest gainers were Akedo (AKE) with a 40.79% increase, MemeCore (M) up 16.14% after flipping Pepe in market ranking, and Beldex (BDX) rising 10.90%, though no clear catalysts were identified for these moves.

Lighter (LIT) led the losers with a 10.67% decline, followed by Stacks (STX) down 10.06%, and Pump.fun (PUMP) down 9.95%, with all three moving in line with the broader market downturn.

Market sentiment remained neutral with a Fear & Greed index of 50, while Bitcoin's dominance stood at 59.4%, indicating Bitcoin's continued influence over the market.

Recent headlines included SharpLink deploying $200 million in ETH treasury assets, Chainlink's $1.02 million whale buy, and Grayscale's report on top crypto assets for yield and profits, though none appeared to significantly impact market movements.

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 ₹259.67T ($2.74T), down 4.92% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Akedo (AKE) was among the biggest gainers, up 40.79% in 24 hours.

Which cryptocurrency fell the most in this report?

Lighter (LIT) was among the biggest decliners, down 10.67% 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

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 6% to $2.74 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.