Crypto Market Cap Drops 2.28% to $2.94 Trillion
The cryptocurrency market shows a slight decline amid mixed performance from major assets and altcoins.
- The total crypto market is worth $2.94T, down 2.28% in 24 hours.
- Bitcoin is down 0.51%, holding 58.7% of the market.
- Top gainer: Pearl (PRL) +15.8%.
- Biggest drop: Starknet (STRK) -9.1%.
- Sentiment: Fear & Greed at 70 (Greed).
Token Times Market Desk — The total cryptocurrency market capitalization decreased by 2.28% over the past 24 hours, settling at $2.94 trillion. This decline marks a minor retracement following recent market movements.
Bitcoin and 
Ethereum both experienced slight losses, with Bitcoin down 0.51% to $85,985 and Ethereum down 0.48% to $2,717.53. Bitcoin's dominance remained strong at approximately 58.7%, indicating continued market leadership.
Among the biggest gainers, 
Pearl (PRL) stood out with a 15.80% increase, moving independently of the broader market. 
Midnight (NIGHT) also saw significant gains of 13.95%, though no clear catalyst was identified. 
Filecoin (FIL) and 
Lighter (LIT) rose by 11.72% and 10.34% respectively, with FIL's move attributed to broader market sentiment and LIT's increase lacking a clear driver.
Starknet (STRK) led the losers with a 9.10% decline, likely influenced by the overall market sentiment. 
Sky (SKY) and Akedo (AKE) also fell by 8.13% and 7.61% respectively, with their declines attributed to broader market conditions rather than specific news events.
The Fear & Greed Index remained in 'Greed' territory at 70, suggesting continued investor confidence despite the market's slight downturn. This sentiment contrasts with the overall flat trading direction observed in major cryptocurrencies.
In recent news, Strive added $169 million in Bitcoin, marking its largest purchase in four months. The CFTC made a significant move to regulate offshore crypto trading, while DeFi Development Corp invested $3 million in Solana amid slowing SOL purchases. Additionally, a Florida woman faced legal issues after using an AI as a diary, and a crypto PAC announced support for 32 House candidates in the US midterms.
Movers in this report
Pearl PRL—▲ 15.80%Midnight NIGHT—▲ 13.95%Filecoin FIL—▲ 11.72%Lighter LIT—▲ 10.34%
Provenance Blockchain HASH—▲ 10.27%Starknet STRK—▼ 9.10%Frequently asked
What is the total crypto market cap today?
As of October 5, 2026, the total cryptocurrency market capitalisation is $2.94T, down 2.28% over the last 24 hours.
Which cryptocurrency gained the most in this report?
Pearl (PRL) was among the biggest gainers, up 15.80% in 24 hours.
Which cryptocurrency fell the most in this report?
Starknet (STRK) was among the biggest decliners, down 9.10% in 24 hours.
What is the crypto Fear and Greed Index right now?
The Fear & Greed Index reads 70, 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.