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Midday Update

Crypto Market Cap Drops 4.09% to $2.76 Trillion

The cryptocurrency market experiences a broad downturn amid a slight decline in Bitcoin and Ethereum prices.

Key takeaways
  • The total crypto market is worth ₹262.14T, down 4.09% in 24 hours.
  • Bitcoin is down 1.13%, holding 59.3% of the market.
  • Top gainer: Quack AI (Q) +33.5%.
  • Biggest drop: LayerZero (ZRO) -12.2%.
  • Sentiment: Fear & Greed at 55 (Greed).

The total cryptocurrency market capitalization decreased by 4.09% over the past 24 hours, falling to $2.76 trillion as of October 17, 2026.

Bitcoin's price dropped by 1.13% to $81,485, while Ethereum saw a 1.63% decline, settling at $2,430.81. Bitcoin's dominance remained strong at approximately 59.3%.

Quack AI (Q) and Bitway (BTW) emerged as the biggest gainers, rising by 33.51% and 28.54% respectively. These gains appear to be driven by broader market sentiment rather than specific news or catalysts.

LayerZero (ZRO), Stacks (STX), Starknet (STRK), and Pearl (PRL) were among the biggest losers, with declines ranging from 8.04% to 12.15%. These price drops are attributed to the broader market downturn rather than project-specific news.

Market sentiment remains in 'Greed' territory with a score of 55 on the Fear & Greed Index, indicating a cautious but not overwhelmingly negative outlook. Bitcoin's dominance underscores its influence on the overall market direction.

Recent headlines include NAKA's sharp 10.94% drop and the seizure of 112 servers in a crypto investment scam targeting the Russian community in the US. Solana canceled a major event in Shanghai due to overwhelming attendance, reflecting ongoing challenges in physical gatherings.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 17, 2026, the total cryptocurrency market capitalisation is ₹262.14T ($2.76T), down 4.09% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Quack AI (Q) was among the biggest gainers, up 33.51% in 24 hours.

Which cryptocurrency fell the most in this report?

LayerZero (ZRO) was among the biggest decliners, down 12.15% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 55, 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 3.49% to $2.75 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.