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Market Wrap

Crypto Market Cap Drops 6.35% to $2.74 Trillion

The cryptocurrency market experiences a broad downturn amid declining prices for major assets.

Key takeaways
  • The total crypto market is worth ₹259.35T, down 6.35% in 24 hours.
  • Bitcoin is down 3.96%, holding 59.5% of the market.
  • Top gainer: MemeCore (M) +21.3%.
  • Biggest drop: LayerZero (ZRO) -15.1%.
  • Sentiment: Fear & Greed at 68 (Greed).

The total cryptocurrency market cap decreased by 6.35% over the past 24 hours, falling to $2.74 trillion as of the latest data snapshot.

Bitcoin's price dropped by 3.96% to $81,081, while Ethereum fell by 5.29% to $2,372.55. Bitcoin's dominance remained strong at approximately 59.5%.

MemeCore (M) emerged as the top gainer with a 21.30% increase, though no specific catalyst was identified. Akedo (AKE) and Bitway (BTW) also rose by 14.93% and 10.12%, respectively, with market-specific factors cited as potential reasons.

LayerZero (ZRO) led the losers with a 15.11% decline, followed by Provenance Blockchain (HASH) at -11.45%, Stacks (STX) at -10.49%, and Celestia (TIA) at -10.12%. These declines appear to be in line with the broader market downturn.

Despite the market downturn, the Fear & Greed Index remained in 'Greed' territory at 68, indicating a cautious but not overly pessimistic sentiment among investors.

Recent headlines include Spiko Finance attracting 118 new fund holders, an Albuquerque ban on Bitcoin ATMs with daily fines, and Mantle Elysium's upcoming event. These stories suggest ongoing developments in the crypto space amid the market decline.

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Frequently asked

What is the total crypto market cap today?

As of October 22, 2026, the total cryptocurrency market capitalisation is ₹259.35T ($2.74T), down 6.35% over the last 24 hours.

Which cryptocurrency gained the most in this report?

MemeCore (M) was among the biggest gainers, up 21.30% in 24 hours.

Which cryptocurrency fell the most in this report?

LayerZero (ZRO) was among the biggest decliners, down 15.11% in 24 hours.

What is the crypto Fear and Greed Index right now?

The Fear & Greed Index reads 68, 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 5.8% 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.