Crypto Market Update Today: Fear Index at 38 Amid Trump Tariff Tension

Crypto Market Update: The global Cryptocurrency market cap has surged to $4.03 trillion, with no change in 24 hours. Daily trading volume reached $232 billion.

Bitcoin leads with 56.8% dominance, while Ethereum holds 12.6%.

With 19211 tracked cryptocurrencies, ecosystems like Polkadot and XRP Ledger are currently among the largest gainers.

Major Crypto Events Today

Source: Forex Factory

24 Hour Crypto Market Update

Bitcoin (BTC) and Ethereum (ETH) Price:

Bitcoin is priced at $114813, down by 0.4% in 24 hours. With $67.2 billion in trading volume and a $2.2 trillion market cap, BTC continues to dominate as the top cryptocurrency globally.

Ethereum trades at $4,226.14, up 1.8% in the last 24 hours. With a $509 billion market cap and $44.3 billion trading volume, ETH strengthens its dominance as the leading smart contract platform.

Top 5 Trending Coins

• Bittensor (TAO) at $8.61, up 12.1% with trading volume $578 million.

• Plasma (XPL) at $0.4857, up 8.3% with TV $618 million.

• Open Campus (EDU) at $0.1446, up 22.9% with TV $32 million

• Aster (ASTER) at $1.46, down 2.5% with TV $1.9 billion.

• Solana (SOL) at $209.50, up 6.2% with TV $11 billion.

Top 3 Gainers:

• Nockchain (NOCK) surges 152%, trading at $0.07467 with a TVL of $2M.

• Humanity (H) jumps 132.6%, with a price reaching $0.1722 and a TV of $209M.

• BNB Attestation Service (BAS) rises 127.3%, now priced at $0.04993 with TV $205M.

Top 3 Losers:

• PetsNa ($PETSNA): PetsNa drops 43.4%, trading at $0.0433 today with volume $939K.

• SkyAI (SKYAI) down 33.1%, priced at $0.03696 with TV $143M.

• Hakimi falls 27.1% at the current price $0.03532 with TV $41.9M.

Stablecoins and Defi Update:

Stablecoins hold a market cap of $310 billion with $170 billion in trading volume, representing 0.3% growth. They continue to provide stability in volatile markets, seamlessly bridging fiat and cryptocurrency.

The DeFi market cap stands at $152.8 billion, up 3.6% in the last 24 hours, with a trading volume of $19.1 billion. DeFi dominance remains at 3.8%.

Fear and Greed Index Today

Source: Alternative Me

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

The fear is the impact of the recent 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 stable but remains negative.

Latest Market News Today

Latest Trump Tariff on China: China urged the US to correct “wrongdoings” after Trump’s 100% tariff move, vowing to fight back. Investors say markets are following a familiar 11-step tariff playbook, now at step six. Analysts expect deal talks soon, as past patterns often end with fresh highs.

TAO Synergies Secures $11M Funding: TAO Synergies Inc. (Nasdaq: TAOX) raised $11 million in private placement financing led by existing investors, advisor James Altucher, and new backer DCG. Funds will strengthen investments in TAO tokens and expand opportunities within the Bittensor decentralized AI ecosystem. The deal closes October 15, 2025.

Kenya Passes Crypto Regulation Bill : Kenya’s parliament approved the Virtual Asset Service Providers Bill, creating a legal framework for digital assets. The law empowers the central bank to license stablecoins and virtual assets, while the capital markets authority regulates crypto exchanges and trading platforms, aiming to attract investment and ensure safe trading

Citi Plans 2026 Crypto Custody Launch: Citibank will roll out crypto asset custody services in 2026 after years of development, CNBC reports. The bank is exploring in-house and third-party tech solutions to directly hold digital assets, joining Wall Street rivals as U.S. regulations ease under the Trump administration.

Amundi to Launch First Bitcoin ETPs in 2026: Europe’s top asset manager, Amundi, handling over $2 trillion, is preparing to launch its first bitcoin-indexed exchange-traded products (ETPs) by early 2026, according to The Big Whale. Based in France, Amundi’s move marks a major step in bringing institutional crypto investment to mainstream European markets.

CME Group Launches CFTC-Regulated Solana & XRP Options Trading : CME Group has officially launched CFTC-regulated options for Solana (SOL) and XRP, with trading live today. The new products offer physical settlement into futures contracts, supporting both standard and micro sizes, giving traders seamless integration, flexible exposure, and regulated access to leading altcoins.

Coingabbar Opinion

With the current situation, it is advisable to remain cautious as the market is exhibiting high volatility. The recent crypto crash showcases drastic price drops. While major coins like Bitcoin and Ethereum are recovering and some altcoins show strong gains. 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.