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Midday Update

Crypto Market Cap Drops 3.56% to $2.74 Trillion

The cryptocurrency market shows a slight downturn with Bitcoin maintaining its dominance above 60%.

Key takeaways
  • The total crypto market is worth ₹260.05T, down 3.56% in 24 hours.
  • Bitcoin is up 0.62%, holding 60.1% of the market.
  • Top gainer: Quack AI (Q) +55.2%.
  • Biggest drop: Starknet (STRK) -12.9%.
  • Sentiment: Fear & Greed at 53 (Neutral).

The total cryptocurrency market capitalization decreased by 3.56% over the past 24 hours, settling at $2.74 trillion. This downturn reflects a broader market correction after recent fluctuations.

Bitcoin's price rose by 0.62% to $81,985, while Ethereum experienced a minor decline of 0.56%, settling at $2,417.21. Bitcoin's dominance remained strong at approximately 60.1%, indicating its continued influence on market movements.

Quack AI (Q) emerged as the top gainer with a 55.20% increase, although no specific catalyst is identified. Pearl (PRL) and Bitway (BTW) also saw significant gains of 12.48% and 11.39% respectively, with high trading volume noted for Bitway but no clear reason for the price movements.

Starknet (STRK) led the losers with a 12.88% drop, likely due to profit-taking after a strong rally. Basic Attention (BAT) fell by 8.42%, despite a 7-day gain of 23.57%, with no clear reason for the decline. Derive (DRV) and Pyth Network (PYTH) also experienced losses of 8.12% and 6.46% respectively, attributed to broader market conditions.

Market sentiment remains neutral, with the Fear & Greed index at 53. This indicates a balanced sentiment among investors, neither overly optimistic nor pessimistic.

In other news, Russia has set a July 2027 deadline to halt P2P crypto transactions, according to Bitcoin.com. Meanwhile, Binance and Coinbase are involved in a West Africa scam sweep that flagged $11 million, as reported by CoinDesk. These developments highlight the ongoing regulatory challenges in the crypto space.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 18, 2026, the total cryptocurrency market capitalisation is ₹260.05T ($2.74T), down 3.56% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Quack AI (Q) was among the biggest gainers, up 55.20% in 24 hours.

Which cryptocurrency fell the most in this report?

Starknet (STRK) was among the biggest decliners, down 12.88% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 53, 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 3.38% 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.