Crypto News Today October 13: Why Bitcoin and Ethereum Price Falling?

Crypto News Today: Market Cap Falls 2% as Bitcoin and Ethereum Drop

Crypto news today points to a cooler market. The global crypto market cap fell 2% to $2.85 trillion, while Bitcoin and Ethereum both slipped. Sentiment also dropped to 57, and small tokens swung sharply. Korea, Blur and Robinhood led the headlines.

Key takeaways

• Total crypto market cap: $2.85 trillion, down 2% in 24 hours.

• Bitcoin is at $81,969.45 (down 2.1%) and Ethereum at $2,450.54 (down 3.7%).

• Fear and Greed Index: 57 (Greed), down from 69 yesterday.

• DeFi fell 5.8%, while stablecoins stayed almost flat.

• South Korea moved to block 27 unregistered overseas exchanges.

Crypto Market Update Today: Prices, Volume & Trends

According to CoinGecko data recorded on October 13, 2026, at 1:30 AM UTC, the global crypto market capitalization stood at $2.85 trillion. Total trading volume was $84.2 billion. Bitcoin dominance is 57.8%, and Ethereum holds 10.5%. Tokenized Assets and Real World Assets (RWA) were the strongest-performing categories over the past day.

Bitcoin and Ethereum Price Today

(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data recorded from Official CoinGecko Data on 13 October 2026 at 1:30 AM UTC). BTC and ETH are often seen as less volatile than other coins, but both remain risky.

• Bitcoin price today is $81,969.45, down 2.1% over 24 hours. Its trading volume was about $29.74 billion, and its market cap is around $1.647 trillion.

• Ethereum price today is $2,450.54, down 3.7%. Its market cap is near $298.75 billion. Ethereum fell harder than Bitcoin, which shows weaker relative strength on the day. 

Top Trending Crypto Coins Price in 24 Hours

Several trending assets also posted notable moves over the last 24 hours.

NEAR stands out for its volume, which was far higher than the other trending tokens. Starknet had the steepest drop, and Pearl was the only coin in the group to rise.

Top Crypto Gainers and Losers in 24 Hours

Top 3 gainers (ranked by 24-hour gain):

• Hood Sword Inu (HOODINU): $0.08933, up 78.5%, trading activity $5.22M.

• Osmosis (OSMO): $0.05294, up 44.0%, trading activity $48.11M.

• Claudia (CLAUDIA): $0.01742, up 43.2%, trading activity $62.42M

Top 3 losers (ranked by 24-hour loss):

• AI Rig Complex (ARC): $0.03628, down 42.3%, trading volume near $6.22 million.

• Boner Coin (BONER): $0.02506, down 40.5%, trading volume near $2.89 million.

• Orbio.so (ORBIO): $0.0326, down 38.3%, trading volume around $3.62 million.

HOODINU led the gains, while ARC had the sharpest fall. Moves this large should be read alongside market cap, liquidity and volume, because smaller or thinly traded tokens can jump or drop quickly.

Stablecoins and DeFi Market Update 

The weakness did not hit every part of the market equally.

• Stablecoins: market cap is $292 billion, down 0.1%. Trading volume was about $79.4 billion.

• DeFi: market cap fell 5.8% to $82 billion. Volume was about $6 billion, and sector dominance is 2.9%.

DeFi covers blockchain-based financial apps such as decentralized exchanges and lending protocols.

Crypto Fear and Greed Index Today

Source:  Alternative Me

The Fear and Greed Index stands at 57 (Greed) on October 13, according to Alternative.me. It was 69 yesterday and 73 a week ago. A month ago it was 61, also in Greed.

The 12-point one-day drop shows optimism has cooled quickly alongside the price pullback. Sentiment is still in the greed zone, so the market has not moved into fear.

Major Crypto Market Events Today

Source: Forex Factory

Top Cryptocurrency News Today

Beyond crypto market prices, several developments could influence sentiment, regulation, infrastructure and institutional activity.

1. Korea Blocks 27 Overseas Exchanges: South Korea’s Financial Intelligence Unit announced on October 13 that 27 unregistered overseas exchanges, including KuCoin and MEXC, will face website access blocks or closures.

2. Robinhood Chain Crosses $99 Billion: About 100 days after launch, Robinhood Chain has recorded over $99 billion in cumulative DEX volume, with total TVL above $1 billion by October 12.

3. TOKEN2049 Malware Allegation: A TOKEN2049 attendee told Singapore Police that organizers of a crypto security event allegedly pressured guests to install malware enabling remote control of their computers.

4. ENSv2 Proposal Submitted: ENS DAO representative nick.eth proposed enabling ENSv2 on Ethereum mainnet. New ENSv1 .eth registrations would stop, while existing domains stay usable and renewable without migration.

5. Payy Opens Compensation Claims: Payy opened a 30-day claim process for victims of the September 24 bridge attack. Eligible users get USDC on Ethereum, and the wallet shuts down afterward.

6. Blur Closes Its Front End: Blur will shut its front end on November 12, 2026, while the on-chain protocol keeps running. Blend stops new loans that day, and borrowers must repay beforehand.

7. CFTC Leverage Rules May Slip: TD Cowen’s Jaret Seiberg expects the CFTC to propose leveraged crypto trading rules around early 2027, with final rules possibly arriving only in early 2028.

8. Crypto PACs Spend $2.7 Million: Fairshake’s crypto PACs spent about $2.7 million backing House candidates before the midterms, including $512,000 for Pete Aguilar and $500,000 for Josh Gottheimer, FEC filings show.

9. September CPI Forecast: Median Wall Street forecasts put September core CPI at 0.21% month-on-month, down from 0.29% in August, while energy prices push overall CPI up to 0.58%.

10. TROOPS to Merge With EFFORCE: Nasdaq-listed TROOPS will merge with blockchain energy platform EFFORCE in an all-stock deal valued at least $40 million. EFFORCE was co-founded by Apple’s Steve Wozniak.

11. Polkadot DAO Strategy Shift: A new Polkadot community proposal would shift the DAO’s focus toward real users and usage. It would also launch DOT-backed stable assets called dotStables, starting with dotUSD.

12. Evernorth Completes SPAC Merger: XRP treasury firm Evernorth completed its SPAC merger with Armada Acquisition Corp. II. It holds about 473 million XRP, worth $672 million, and $300 million in cash.

13. Bank of England on Digital Pound: Bank of England’s Sarah Breeden says the UK need not rush into a digital pound, as pound stablecoins and tokenized bank deposits could serve similar functions.

14. Aptos Encrypted Mempool Goes Live: Aptos has launched its Encrypted Mempool on mainnet, letting users encrypt transaction details to reduce front-running and MEV risks. The Petra wallet already supports the feature.

Comparative Insight: What Changed Today?

October 12 Crypto news vs October 13 crypto update: The market turned from modest strength to cooling in one day. Total market cap moved from $2.9 trillion, up 0.2%, to $2.85 trillion, down 2%. 

Bitcoin fell from $83,853.58 to $81,969.45, and Ethereum dropped from $2,542.22 to $2,450.54. DeFi swung from a 1.7% gain to a 5.8% decline. Sentiment cooled from 69 to 57 but stays in Greed. Small tokens stayed volatile: TAUFA’s 1,120.2% surge on October 12 gave way to HOODINU’s 78.5% rise today.

What Does This Crypto Market Move Mean Today?

The October 13 update points to short-term cooling, not a full reversal in sentiment. Global capitalization declined 2%, Bitcoin and Ethereum moved lower, and the Fear and Greed Index fell 12 points to 57. DeFi’s 5.8% drop suggests investors are being selective about risk. The key gap is between large-cap coins and smaller altcoins. BTC and ETH fell 2.1% and 3.7%, 

while tokens such as HOODINU and ARC moved 40% or more. For readers, liquidity, volume and sentiment matter more than percentage changes alone.

CoinGabbar's Market View

The October 13 crypto news shows a cautious, mixed market. Bitcoin and Ethereum weakened, DeFi fell 5.8%, and stablecoins stayed nearly flat, while sentiment held in Greed at 57. Sharp moves in small tokens, such as HOODINU’s 78.5% rise, can mislead without a check on liquidity and market size.

Investment risk remains elevated, especially in thinly traded altcoins. This does not look like a low-risk moment for aggressive buying. Crypto news Readers should watch Bitcoin’s price trend, Ethereum’s relative strength, total trading volume, sentiment and stablecoin capitalization. This is general market information, not financial advice.

Disclaimer: This article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and individual digital assets can experience substantial price fluctuations or losses. Crypto news Readers should do their own research (DYOR) and consult a qualified financial professional before making financial decisions. Availability of cryptocurrency services and assets may vary by jurisdiction.