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Market Wrap

Crypto Market Cap Drops 2.62% to $2.75 Trillion

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

Key takeaways
  • The total crypto market is worth ₹261.66T, down 2.62% in 24 hours.
  • Bitcoin is up 0.30%, holding 59.4% of the market.
  • Top gainer: Quack AI (Q) +119.9%.
  • Biggest drop: Starknet (STRK) -7.1%.
  • Sentiment: Fear & Greed at 55 (Greed).

The total cryptocurrency market cap decreased by 2.62% over the past 24 hours, settling at $2.75 trillion as of the latest data snapshot.

Bitcoin's price rose by 0.30% to $81,330, maintaining its dominance at approximately 59.4%, while Ethereum also saw a modest gain of 0.22% to reach $2,411.39.

Quack AI (Q) emerged as the top gainer with a 119.89% increase, attributed to broader market sentiment and speculation, followed by Bitway (BTW) with a 36.16% rise, though no specific catalyst was identified.

Starknet (STRK) led the losers with a 7.08% decline, likely due to recent liquidations and negative market sentiment, while Stacks (STX) and LayerZero (ZRO) also fell by 6.87% and 6.73% respectively, with technical factors and broader market conditions cited as contributing factors.

The overall market sentiment remains in 'Greed' territory with a Fear & Greed index of 55, indicating a cautious optimism despite the slight downturn in market cap.

In other news, Bitcoin holders have reduced exchange transfers as large transactions totaling $307 million were recorded, while the XRP Ledger is nearing an October 23 upgrade amid falling lending votes.

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Frequently asked

What is the total crypto market cap today?

As of October 17, 2026, the total cryptocurrency market capitalisation is ₹261.66T ($2.75T), down 2.62% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Quack AI (Q) was among the biggest gainers, up 119.89% in 24 hours.

Which cryptocurrency fell the most in this report?

Starknet (STRK) was among the biggest decliners, down 7.08% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 55, 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 3% to $2.75 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.