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Midday Update

Crypto Market Cap Drops 1.99% to $2.92 Trillion

The cryptocurrency market remains relatively flat amid mixed performance across major assets and a 'Greed' sentiment level.

Key takeaways
  • The total crypto market is worth $2.92T, down 1.99% in 24 hours.
  • Bitcoin is up 0.02%, holding 58.7% of the market.
  • Top gainer: Pearl (PRL) +18.1%.
  • Biggest drop: Akedo (AKE) -10.0%.
  • Sentiment: Fear & Greed at 70 (Greed).

The total cryptocurrency market capitalization decreased by 1.99% over the past 24 hours, settling at $2.92 trillion. This decline marks a slight downturn after recent periods of relative stability.

Bitcoin's price showed minimal movement, rising just 0.02% to $85,222, while its market dominance remained strong at approximately 58.7%. Ethereum also experienced a minor decline of 0.04%, settling at $2,695.97.

Among the biggest gainers, Pearl (PRL) led with an 18.06% increase, though no specific catalyst was identified for its independent movement. Cardano (ADA) rose by 6.50%, outperforming the broader market, while Lighter (LIT) and Provenance Blockchain (HASH) saw gains of 8.06% and 7.55% respectively, likely influenced by general market sentiment.

Akedo (AKE) was the largest loser, dropping 10.02%, with the decline attributed to broader market sentiment rather than any specific news. Starknet (STRK) and Monero (MON) also fell by 9.05% and 5.70% respectively, with their movements similarly linked to overall market conditions.

The Fear & Greed Index currently stands at 70, indicating a 'Greed' sentiment level. This suggests that despite the slight downturn, investor sentiment remains relatively positive.

In other news, the U.S. CFTC has joined the SEC in proposing new crypto regulations, though a gap in spot-market oversight persists. Meanwhile, NYSE's owner and OKX are collaborating on 24/7 tokenized stock trading using Uniswap, and Coinbase has significantly reduced its AI support case resolution time.

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Frequently asked

What is the total crypto market cap today?

As of October 5, 2026, the total cryptocurrency market capitalisation is $2.92T, down 1.99% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Pearl (PRL) was among the biggest gainers, up 18.06% in 24 hours.

Which cryptocurrency fell the most in this report?

Akedo (AKE) was among the biggest decliners, down 10.02% 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

TLT Market Desk Verified data

TLT'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.

Later report →Crypto Market Cap Drops 1.63% to $2.94 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.