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Midday Update

Crypto Market Cap Drops 2.31% to $2.93 Trillion

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

Key takeaways
  • The total crypto market is worth $2.93T, down 2.31% in 24 hours.
  • Bitcoin is up 0.66%, holding 58.7% of the market.
  • Top gainer: Raydium (RAY) +11.1%.
  • Biggest drop: Provenance Blockchain (HASH) -8.3%.
  • Sentiment: Fear & Greed at 73 (Greed).

The total cryptocurrency market capitalization decreased by 2.31% over the past 24 hours, settling at $2.93 trillion as of the latest data.

Bitcoin's price rose by 0.66% to $85,771, maintaining its dominance at approximately 58.7%, while Ethereum saw a more modest increase of 0.34% to $2,703.22.

Raydium (RAY) emerged as the top gainer with an 11.07% increase, attributed to broader market sentiment rather than specific news. LayerZero (ZRO) followed with a 9.90% gain, driven by speculation around potential buybacks.

Provenance Blockchain (HASH) led the losers with an 8.32% decline, as its movement appears tied to broader market sentiment without clear catalysts. Monero (MON) also fell by 7.78%, though no specific reason was identified.

The Fear & Greed Index stands at 73, indicating a state of 'Greed' among investors despite the overall market dip. Bitcoin's dominance underscores its influence on the current market direction.

Recent headlines highlight Ethereum's potential to reach $2,800, new offerings from Binance and KuCoin, and Crypto.com's integration of advanced trading tools. These developments reflect ongoing innovation and activity within the sector.

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 $2.93T, down 2.31% over the last 24 hours.

Which cryptocurrency gained the most in this report?

Raydium (RAY) was among the biggest gainers, up 11.07% in 24 hours.

Which cryptocurrency fell the most in this report?

Provenance Blockchain (HASH) was among the biggest decliners, down 8.32% 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

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.

← Earlier reportCrypto Market Cap Drops 2.79% to $2.91 TrillionLater report →Crypto Market Cap Drops 3.19% to $2.92 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.