The past week saw the crypto market dip 2.9% to a total cap of $2.71 trillion, while Bitcoin stayed near $80,314 and stablecoin supply slipped 0.72%. The decline was broad, affecting most major assets and leaving the market in a modest contraction.
Crypto market this week at a glance
Bitcoin (BTC) traded at $80,314 with no change in the last 24 hours and a 2.4% decline over seven days. Ethereum (ETH) held at $2,329, also flat on the day and down 3.8% weekly. Solana (SOL) was priced at $102, up 1.0% in the last day but down 3.1% for the week, while XRP stayed at $1.30 with a small 0.1% daily rise and a 0.8% weekly drop. BNB showed a healthier weekly gain of 2.5% at $742, after a modest 0.4% rise in the last 24 hours.
The overall market cap settled at $2.71 trillion, a 2.9% drop in 24 hours, and Bitcoin’s share of the market stayed at 59.5% while Ether accounted for 10.5% of the total. This dominance figure means Bitcoin continues to represent the majority of market value, a pattern that often persists during periods of uncertainty.
| Asset | Price | 24h | 7d |
|---|---|---|---|
| Bitcoin (BTC) | $80,314 | +0.0% | -2.4% |
| Ethereum (ETH) | $2,329 | +0.0% | -3.8% |
| Solana (SOL) | $102 | +1.0% | -3.1% |
| XRP (XRP) | $1.30 | +0.1% | -0.8% |
| BNB (BNB) | $742 | +0.4% | +2.5% |
| Total crypto market cap | $2.71 trillion | -2.9% | -2.1% (top 100) |
| Bitcoin dominance | 59.5% |
Prices from CoinGecko at the time of writing (October 26, 2026).
Biggest gainers and losers this week
MemeCore led gainers with a 39.2% rise, a sharp move that lifted its price to $0.996. Ethena followed with a 9.7% increase to $0.207, and Zcash added 7.2% to reach $1,234. Quant also rose 7.2% to $222, and Pepe climbed 7.0% to $0.00000435. These gains show that smaller or meme-type tokens can experience large percentage moves even when the broader market is down.
On the downside, Bitway fell 29.7% to $1.49, marking the steepest weekly loss. Morpho dropped 18.3% to $2.03, Arbitrum slipped 12.7% to $0.171, Rain decreased 12.2% to $0.00808, and Worldcoin fell 11.7% to $0.441. The breadth of losses across these assets highlights the pressure on many altcoins during a market pullback.
| Top gainers | 7d | Top losers | 7d |
|---|---|---|---|
| MemeCore (M) | +39.2% | Bitway (BTW) | -29.7% |
| Ethena (ENA) | +9.7% | Morpho (MORPHO) | -18.3% |
| Zcash (ZEC) | +7.2% | Arbitrum (ARB) | -12.7% |
| Quant (QNT) | +7.2% | Rain (RAIN) | -12.2% |
| Pepe (PEPE) | +7.0% | Worldcoin (WLD) | -11.7% |
Among the top 100 coins by market cap, excluding stablecoins and wrapped tokens.
Only 17 of 77 large coins rose, indicating limited breadth and suggesting that bullish sentiment was confined to a small subset of the market.
Stablecoins, DeFi and money flows
Stablecoin supply measured $302.4 billion, down 0.06% in one day and 0.72% over the week. The modest decline points to a slight net outflow, which can happen when investors move funds into other assets or cash. Stablecoins often act as a bridge between fiat and crypto, so changes in their supply can signal shifts in overall market liquidity.
DeFi activity was not directly quantified in the data, but the stablecoin trend provides a proxy for how users are managing risk. When stablecoin supply contracts, it may reflect users withdrawing from DeFi protocols or reallocating capital to other strategies.
| Metric | Latest | Change or comparison |
|---|---|---|
| Stablecoin supply | $302.4 billion | -0.06% (1d), -0.72% (7d) |
| Crypto Fear and Greed Index | 50 (Neutral) | a week ago: 59 (Greed) |
| Bitcoin funding rate (OKX) | 0.0100% per 8h | near neutral |
| Bitcoin futures open interest (OKX) | $3.3 billion | +0.2% over 7 days |
Other data at the time of writing.
Sentiment and derivatives
The Fear and Greed Index moved from 59 (Greed) a week ago to 50 (Neutral) today, reflecting a shift toward a more cautious market mood. A neutral reading suggests that traders are neither overly optimistic nor overly fearful, which often aligns with sideways price action.
Bitcoin funding rate on OKX was 0.0100% per 8 hours, a low figure that typically indicates limited short-term pressure on futures positions. Open interest rose 0.2% to $3.3 billion over seven days, showing a small increase in the total value of outstanding contracts. Together, these metrics suggest that while traders are maintaining positions, they are not aggressively betting on large moves.
Key events this week
- What Are Gas Fees in Crypto? A Beginner Guide
- Quant (QNT) Price Prediction 2026, 2027 and 2030
- CoinDesk reported that "Bitcoin holds near $80,000 as oil retreats and the Fed decision looms"
- CoinDesk reported that "A $68 million bitcoin bet is targeting a post-midterm election breakout to $90,000"
What to watch next week
- Whether Bitcoin funding rates stay low as market volatility eases.
- Potential changes in stablecoin supply as investors react to the neutral fear index.
- Impact of upcoming Fed and central bank decisions on Bitcoin price stability.
Bottom line
The market contracted modestly, with Bitcoin remaining stable and dominance holding near 60%. Limited upside in large-cap altcoins kept breadth low, and the majority of coins continued to lose value.
Stablecoin supply’s slight decline and a neutral sentiment index suggest caution, while funding rates and open interest point to a relatively calm derivatives environment. Investors may watch for any shift in sentiment or policy that could reignite broader participation.
Frequently asked questions
Why did the total market cap fall this week?
What does Bitcoin dominance of 59.5% indicate?
How did stablecoin supply change?
What does the Fear and Greed Index tell us?
Sources
This article is for educational purposes only and is not financial advice. Crypto assets are volatile, so always do your own research. Read our editorial policy.
