Latest Crypto Market Update Today: Top Trending Coins & Biggest Gainer

The global Cryptocurrency market cap has surged to $4.02 trillion, rising 7.1% in 24 hours. Daily trading volume reached $273 billion.

Bitcoin leads with 57.4% dominance, while Ethereum holds 12.5%.

With 19,184 tracked cryptocurrencies, ecosystems like Polkadot and XRP Ledger are currently among the largest gainers.

Crypto Market Update: Major Events Today

Source: Forex Factory

24 Hour Crypto Market Update

Bitcoin (BTC) and Ethereum (ETH) Price:

Ethereum trades at $4,174, up 12.1% in the last 24 hours. With a $503 billion market cap and $56.9 billion trading volume, ETH strengthens its dominance as the leading smart contract platform.

Bitcoin is priced at $115,823, rising 5.1% in 24 hours. With $94.9 billion trading volume and a $2.3 trillion market cap, BTC continues to dominate as the top cryptocurrency globally.

Top 5 Trending Coins

• COAI (ChainOpera AI): $8.61, down 4.4%, trading volume $302.7 million; trending amid AI crypto interest.

• Pudgy Penguins (PENGU): $0.02543, up 18.6%, TV $526.4 million; NFT-inspired token gaining industry attention.

• Aster (ASTER): $1.48, up 25.7%, TV $1.8B; strong trading momentum drives popularity.

• Synthetix (SNX): $1.88, up 101.6%, TV $537.6 million; massive gains spark investor interest.

• Bitcoin (BTC): $115,820, up 4.9%, TV $94.2B; remains top trending cryptocurrency globally.

Top 3 Gainers:

• SkyAI (SKYAI) soars 258%, trading at $0.05696 with TV $58.67M.

• Synthetix (SNX) jumps 100.9%, price reaches $1.90 with TV $518.72M.

• 4 (4) rises 101.4%, now priced at $0.1782 with TV $111.14M.

Top 3 Losers:

• PetsNa ($PETSNA): PetsNa drops 72.7%, trading at $0.0767 today with volume $2.98M.

• Hakimi falls 20.6% at current price $0.05028 with TV $31.22M.

• Zerebro (ZEREBRO) down 15.6%, priced at $0.03475, no with TV $75.01M.

Stablecoins and Defi Update:

Stablecoins hold a market cap of $310 billion with $207 billion in trading volume, representing 0.2% growth. They continue to provide stability in volatile markets, seamlessly bridging fiat and cryptocurrency.

The DeFi market cap stands at $148 billion, up 10% in the last 24 hours, with a trading volume of $14.8 billion. DeFi dominance remains strong, showing its growing impact in finance.

Fear and Greed Index Today

Source: Alternative Me

The Fear & Greed Index shows a current reading of 38 (Fear), recovering from Extreme Fear (24) yesterday. Last week, market sentiment was strong with Greed at 71, and last month it was Neutral at 52.

The recent extreme fear reflects panic caused by a crypto market crash , sharp price drops, and high volatility, leading traders and investors to act cautiously and adopt a risk-averse approach in the industry.

This shows sentiment is slowly stabilizing but remains negative.

Latest Market News Today

Yi He addressed three FUD claims: Binance had no outage—systems worked normally, and liquidations stayed low; the crash came before de-pegs, with $280M+ compensation paid; and unfair wicks didn’t cause liquidations thanks to the mark price system. Binance admits brief lags but denies blame-shifting.

Binance Update Today: Binance explained that recent price glitches came from old limit orders and display errors, not system failure. Spot and B inance futures trading stayed functional. Users hit by depegged assets were compensated with $283M. Binance fixed display issues, promised better transparency, and will continue reviewing user cases to improve trading safety.

EBA Warning: The European Banking Authority (EBA) warned that during the MiCA transition, some crypto firms could take advantage of weak rules. They may register in EU countries with lighter oversight and use passporting rights to operate across Europe, risking unclear governance, loophole misuse, and complicated fund flows.

Latest Trump Tariff News : The biggest crypto liquidation ever was sparked by Trump tariff threat, which hit U.S. stocks and spilled into crypto. High leverage and the USDe’s depeg worsened the crash, causing massive liquidations. Hyperliquid profited, while Uniswap, Flashbots, and Jupiter earned record fees. Core issues: low liquidity, forced liquidations, and broken anchors.

ICE Invests $2B in Polymarket: The New York Stock Exchange’s parent company, ICE, has invested $2 billion in Polymarket, a crypto prediction platform, valuing it at $8 billion. Announced on October 7, 2025, this deal makes founder Shayne Coplan the youngest self-made billionaire, showing Wall Street’s growing interest in blockchain-based betting markets.

Cypherpunk Hackathon ends on October 30, 2025: Colosseum reminds Solana developers that only 18 days remain until the Cypherpunk Hackathon ends on October 30, 2025. Launched September 25, this global online event supports early crypto projects with prizes and accelerator access. Over 32 teams, including $PFP, $IMG, and $EDR, actively share updates and demos.

Solana Latest Update: It was a huge week for Solana. Despite market chaos, its ecosystem kept building: Sorare moving 5M players, Umbra raising $155M, Hivemapper $32M, Axiom hitting $300M revenue. Many launches went live, TVL hit $42.4B, stablecoins $16B+, and projects across DeFi, gaming, and DePIN kept shipping nonstop.

Coin Gabbar Opinion

With the current situation, a cautious approach is advisable. While major coins like Bitcoin and Ethereum are recovering and some altcoins show strong gains, high volatility, recent crashes, and lingering fear indicate risk. Stablecoins and DeFi growth are positive signals, but new investors should consider small, informed exposure and avoid heavy leverage until market sentiment stabilizes.

Disclaimer: Coingabbar provides informational content on cryptocurrencies, NFTs, and other decentralised assets. This is not financial advice. Users, please DYOR, understand the risks, and consult financial professionals before investing. CoinGabbar is not responsible for any financial losses. Crypto and NFTs are highly volatile—invest wisely.