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Midday Update

Crypto Market Cap Drops 2.71% to $2.79 Trillion

The crypto market remains relatively flat amid mixed movements in major coins and altcoins.

Key takeaways
  • The total crypto market is worth $2.79T, down 2.71% in 24 hours.
  • Bitcoin is up 0.19%, holding 59.7% of the market.
  • Top gainer: Starknet (STRK) +53.1%.
  • Biggest drop: Derive (DRV) -7.4%.
  • Sentiment: Fear & Greed at 61 (Greed).

The total cryptocurrency market cap decreased by 2.71% over the past 24 hours, settling at $2.79 trillion. This decline marks a slight downturn after a period of relative stability.

Bitcoin and Ethereum both saw modest gains, with Bitcoin up 0.19% to $82,925 and Ethereum rising 0.22% to $2,498.91. Bitcoin's dominance remained strong at approximately 59.7%, indicating its continued influence on the broader market.

Starknet (STRK) was the biggest gainer, rising 53.13% following its announcement of a Layer 2 to Layer 1 transition and a significant increase in trading volume. Conflux (CFX) also performed well, gaining 29.57% due to recent positive price action and increased trading activity.

Among the biggest losers, Derive (DRV) declined by 7.35%, moving in line with broader market sentiment without a specific catalyst identified. Kaia (KAIA) fell by 5.62%, though no single clear catalyst was identified for its current decline.

The overall market sentiment remains in the 'Greed' zone, with the Fear & Greed Index at 61. This suggests that investors are cautiously optimistic despite the recent market dip.

Recent headlines include Elon Musk's controversial AI Grok proposal and the ESMA's three-month wind-down period for non-MiCA stablecoin services in the EU. Additionally, the Nasdaq CEO highlighted the potential of tokenization to unlock billions in value, indicating ongoing interest in blockchain innovation.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 11, 2026, the total cryptocurrency market capitalisation is $2.79T, down 2.71% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Starknet (STRK) was among the biggest gainers, up 53.13% in 24 hours.

Which cryptocurrency fell the most in this report?

Derive (DRV) was among the biggest decliners, down 7.35% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 61, 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 2.64% to $2.79 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.