Crypto Market Cap Drops 4.10% to $2.74 Trillion
The cryptocurrency market experiences a broad downturn amid shifting investor sentiment.
- The total crypto market is worth ₹261.03T, down 4.10% in 24 hours.
- Bitcoin is down 1.26%, holding 59.3% of the market.
- Top gainer: Celestia (TIA) +16.8%.
- Biggest drop: Starknet (STRK) -19.7%.
- Sentiment: Fear & Greed at 63 (Greed).
Token Times Market Desk — The total cryptocurrency market capitalization decreased by 4.10% over the past 24 hours, falling to $2.74 trillion as of the latest data. This downturn reflects a broader trend of declining values across major digital assets.
Bitcoin, the largest cryptocurrency by market cap, saw a 1.26% drop to $81,189, while 
Ethereum, the second-largest, fell by 1.19% to $2,410.2. Bitcoin's dominance in the market remained strong at approximately 59.3%, indicating its influence on overall market movements.
Celestia (TIA) emerged as the biggest gainer, rising by 16.84%. This increase appears to be driven by general market sentiment rather than specific news, as no clear catalyst for the price surge has been identified.
Starknet (STRK) led the losers with a 19.72% decline, likely due to uncertainty surrounding its potential separation from Ethereum. 
Akedo (AKE) and 
Collector Crypt (CARDS) also experienced significant drops of 18.41% and 10.58%, respectively, moving in line with the broader market trend.
Investor sentiment, as measured by the Fear & Greed Index, remains in 'Greed' territory at 63, despite the market downturn. This suggests that while investors are cautious, there is not yet a widespread panic or extreme negative sentiment.
In other news, NEAR crypto rallied 12% following a partnership with Sunrise, and SEI Perpetual Futures gained CFTC certification for trading in the US. These developments indicate ongoing activity and interest in specific projects, even as the overall market experiences a downturn.
Movers in this report
Celestia TIA—▲ 16.84%Frequently asked
What is the total crypto market cap today?
As of October 16, 2026, the total cryptocurrency market capitalisation is ₹261.03T ($2.74T), down 4.10% over the last 24 hours.
Which cryptocurrency gained the most in this report?
Celestia (TIA) was among the biggest gainers, up 16.84% in 24 hours.
Which cryptocurrency fell the most in this report?
Starknet (STRK) was among the biggest decliners, down 19.72% in 24 hours.
What is the crypto Fear and Greed Index right now?
The Fear & Greed Index reads 63, 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.