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Market Wrap

Crypto Market Cap Drops 3.23% to $2.92 Trillion

The cryptocurrency market experiences a slight downturn amid mixed performance from major assets.

Key takeaways
  • The total crypto market is worth $2.92T, down 3.23% in 24 hours.
  • Bitcoin is down 0.51%, holding 58.7% of the market.
  • Biggest drop: Provenance Blockchain (HASH) -13.1%.
  • Sentiment: Fear & Greed at 73 (Greed).

The total cryptocurrency market capitalization decreased by 3.23% over the past 24 hours, settling at $2.92 trillion as of the latest data.

Bitcoin's price dipped by 0.51% to $85,539, while Ethereum saw a slightly larger decline of 0.74%, trading at $2,697.35. Bitcoin's dominance remained strong at approximately 58.7%.

LayerZero (ZRO) emerged as the biggest gainer, rising by 6.88%, although there is no single clear catalyst for the increase. Injective (INJ) also gained 6.08%, driven by positive analyst commentary and broader market sentiment.

Provenance Blockchain (HASH) led the losers with a 13.05% drop, likely influenced by the broader market sentiment. Grass (GRASS) fell by 10.49%, also without a clear catalyst, while Monero (MON) and Mantle (MNT) declined by 9.39% and 9.29%, respectively, due to broader market conditions.

Despite the market downturn, the Fear & Greed Index remains in 'Greed' territory at 73, indicating a relatively positive investor sentiment. Bitcoin's dominance underscores its continued influence on the overall market direction.

In recent news, LayerZero's price surge has attracted attention, with some speculating on its potential for further growth. Meanwhile, the crypto community reacts to Google's new product launch and debates the implications of the $387 million Bitget hack. These headlines reflect the ongoing interplay between market dynamics and industry developments.

Movers in this report

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Frequently asked

What is the total crypto market cap today?

As of October 6, 2026, the total cryptocurrency market capitalisation is $2.92T, down 3.23% over the last 24 hours.

Which cryptocurrency fell the most in this report?

Provenance Blockchain (HASH) was among the biggest decliners, down 13.05% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 73, 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 2.31% to $2.93 TrillionLater report →Crypto Market Cap Drops 5.32% to $2.83 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.