Crypto Market Cap Drops 5.44% to $2.85 Trillion
The cryptocurrency market experiences a broad decline amid a period of investor caution.
- The total crypto market is worth $2.85T, down 5.44% in 24 hours.
- Bitcoin is down 2.68%, holding 58.8% of the market.
- Top gainer: Pearl (PRL) +23.4%.
- Biggest drop: Jupiter (JUP) -10.7%.
- Sentiment: Fear & Greed at 71 (Greed).
TLT Market Desk — The total cryptocurrency market capitalization decreased by 5.44% over the past 24 hours, falling to $2.85 trillion as of the latest data. This downturn reflects a broader market correction affecting most major digital assets.
Bitcoin, the largest cryptocurrency by market cap, saw a 2.68% decline, dropping to $83,400. Meanwhile, 
Ethereum experienced a more pronounced drop of 5.00%, falling to $2,565.24. These movements suggest a risk-off sentiment among investors.
Pearl (PRL) emerged as the biggest gainer, rising by 23.36%. This upward movement stands out as it defies the prevailing market trend, although no specific catalyst has been identified for this price increase.
The biggest losers included 
Jupiter (JUP) and 
Filecoin (FIL), which declined by 10.70% and 10.57% respectively. These losses appear to be driven by the broader market downturn rather than any coin-specific news. Additionally, 
Monad (MON) and 
Uniswap (UNI) also saw significant declines of 10.03% and 9.43% respectively, amid similar market conditions.
Investor sentiment, as measured by the Fear & Greed Index, remains in 'Greed' territory at 71, indicating a cautious but not yet panicked market environment. Bitcoin's dominance stands at approximately 58.8%, reflecting its continued influence over the market.
In other news, recent headlines highlight various developments such as Ether millionaire's significant payday, growth in the tokenized T-bill market, and Ledger's new Bitcoin loan feature. These stories suggest ongoing innovation and activity in the crypto space despite the market downturn.
Movers in this report
Pearl PRL▲ 23.36%Frequently asked
What is the total crypto market cap today?
As of October 7, 2026, the total cryptocurrency market capitalisation is $2.85T, down 5.44% over the last 24 hours.
Which cryptocurrency gained the most in this report?
Pearl (PRL) was among the biggest gainers, up 23.36% in 24 hours.
Which cryptocurrency fell the most in this report?
Jupiter (JUP) was among the biggest decliners, down 10.70% in 24 hours.
What is the crypto Fear and Greed Index right now?
The Fear & Greed Index reads 71, 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.