Crypto Market Cap Dips Slightly Despite Bitcoin and Ethereum Gains
The total crypto market cap fell 0.34% to $2.79 trillion, while Bitcoin and Ethereum posted gains of 2.03% and 4.80% respectively.
- The total crypto market is worth ₹265.79T, down 0.34% in 24 hours.
- Bitcoin is up 2.03%, holding 59.3% of the market.
- Top gainer: Celestia (TIA) +30.3%.
- Sentiment: Fear & Greed at 63 (Greed).
Token Times Market Desk — The total cryptocurrency market capitalization decreased by 0.34% over the past 24 hours, settling at $2.79 trillion. Despite the minor decline, the market remains in a broadly uptrend.
Bitcoin's price rose by 2.03% to $82,455, contributing to an increase in its market dominance to approximately 59.3%. 
Ethereum also performed well, with its price climbing 4.80% to $2,471.81.
Celestia (TIA) emerged as the top gainer, rising by 30.31% due to broader market momentum and increased investor interest in altcoins. 
Injective (INJ) followed with a 27.43% gain, driven by a breakout rally and heightened trading activity.
LayerZero (ZRO) and 
Ether.fi (ETHFI) also saw significant increases of 21.86% and 16.23% respectively. ZRO's rise was attributed to a mix of technical factors and broader market conditions, while ETHFI moved in line with the overall market uptrend.
The Fear & Greed Index currently stands at 63, indicating a sentiment of 'Greed' among investors. Bitcoin's dominance at 59.3% suggests a strong position for the leading cryptocurrency in the current market landscape.
In other news, Circle is reportedly looking to expand into 40 new markets, raising questions about the practical usability of USDC. Meanwhile, SBI Group has joined a global alliance to connect the Japanese Yen Stablecoin (JPYSC) with OUSD, highlighting ongoing developments in stablecoin adoption and integration.
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 ₹265.79T ($2.79T), down 0.34% over the last 24 hours.
Which cryptocurrency gained the most in this report?
Celestia (TIA) was among the biggest gainers, up 30.31% 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.