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Midday Update

Crypto Market Cap Drops 3.77% to $2.6 Trillion

The cryptocurrency market experiences a downturn amid broader market conditions and a major security incident at Binance.

Key takeaways
  • The total crypto market is worth ₹246.93T, down 3.77% in 24 hours.
  • Bitcoin is down 0.24%, holding 59.9% of the market.
  • Top gainer: Provenance Blockchain (HASH) +16.6%.
  • Biggest drop: LayerZero (ZRO) -7.1%.
  • Sentiment: Fear & Greed at 37 (Fear).

The total cryptocurrency market capitalization decreased by 3.77% over the past 24 hours, falling to $2.6 trillion as of November 2, 2026.

Bitcoin's price remained relatively stable, moving down by 0.24% to $77,663, while Ethereum posted a modest gain of 0.81% to reach $2,281.26. Bitcoin's dominance in the market stood at approximately 59.9%.

Provenance Blockchain (HASH) and Rain (RAIN) were the top gainers, with HASH rising by 16.64% and RAIN by 10.49%. These gains appear to be driven by broader market factors rather than specific news or events.

LayerZero (ZRO), NEAR Protocol (NEAR), Lighter (LIT), and Starknet (STRK) were among the biggest losers, with declines ranging from 5.39% to 7.11%. These price drops seem to be primarily influenced by the overall negative market sentiment and recent selloffs.

The market sentiment, as measured by the Fear & Greed Index, remains in 'Fear' territory at 37, indicating a cautious investor outlook. This sentiment likely contributed to the market's overall downturn.

In recent news, Binance, the world's largest cryptocurrency exchange, was hacked for $6.3 billion, which triggered a market decline and the suspension of withdrawals. This incident, along with other factors such as a suspected $106 million crypto theft in the EU, may have further dampened market sentiment.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of November 2, 2026, the total cryptocurrency market capitalisation is ₹246.93T ($2.60T), down 3.77% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Provenance Blockchain (HASH) was among the biggest gainers, up 16.64% in 24 hours.

Which cryptocurrency fell the most in this report?

LayerZero (ZRO) was among the biggest decliners, down 7.11% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 37, indicating "Fear" — 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 2.82% to $2.6 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.