Crypto News October 29: Market Falls 1.3% Amid PCE and Fed Data

Bitcoin Falls, IDOL Jumps 60%, Allium Hack, Fed Crypto News and More The market turns red today. The global crypto market cap fell 1.3% to $2.77 trillion as Bitcoin and Ethereum slipped; sentiment held at Neutral, and regulation, security incidents, and Fed commentary shaped the crypto news. Key takeaways The global crypto market cap stood at $2.77 trillion, down 1.3%, with total trading volume at $69.3 billion. Bitcoin fell 1.7% to $79,830.39 and Ethereum dropped 2.4% to $2,307.14. Bitcoin dominance is 57.8%. MEET48 (IDOL) led the gainers with a 60.0% rise, while Axis Robotics (AXIS) had the sharpest fall at 33.2%. The Fear and Greed Index stayed at 51 (Neutral), down 17 points from last week and 22 from last month. Stablecoin market cap slipped 0.4% to $295 billion, while DeFi fell 3.4% to $73.89 billion. Crypto Market Update Today: Prices, Volume & Trends According to CoinGecko data recorded on October 29, 2026, at 4:15 AM UTC, the global crypto market capitalization stood at $2.77 trillion, down by 1.3%. Total trading volume was $69.3 billion. Bitcoin dominance is 57.8%, and Ethereum holds 10.2%. Frog-Themed and The Boy’s Club 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 29 October 2026 at 4:15 AM UTC). BTC and ETH are often seen as less volatile than other coins, but both remain risky. Bitcoin price today is $79,830.39, down 1.7% over 24 hours. Its trading volume was about $26.49 billion, and its market cap is around $1.6 trillion. Ethereum price today is $2,307.14, down 2.4%. Its market cap is near $281.6 billion and 24-H trading volume of $10.43. Top Trending Crypto Coins Price in 24 Hours Several trending assets also posted notable moves over the last 24 hours. Coin Price 24h Change Trading Volume Bitcoin (BTC) $79,820.38 Down 1.3% $26.47 billion Lighter (LIT) $2.79 Down 7.7% $69.74 million Pudgy Penguins (PENGU) $0.007621 Down 2.0% $110.41 million Kinetiq (KNTQ) $0.442 Up 3.6% $7.17 million Pepe (PEPE) $0.0000004982 Up 2.2% $778.34 million Bitcoin stands out for its volume, which was far higher than the other trending tokens. Lighter had the steepest drop, while Kinetiq posted the biggest gain, and Pepe was the only other coin in the group to rise.