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Starknet Doubles as the Broader Crypto Market Retreats

Crypto market capitalization fell 3.57% in week 41, but STRK, S, BAT, CHIP, and MET posted sharp gains against the trend.

Author: CoinVett TeamPublished: October 11, 20262 min read
Market RecapsWeeklySentiment

The market lost ground, but the week was anything but quiet: Starknet more than doubled while every tracked large-cap asset finished in the red.

What happened

  • Total crypto market capitalization fell 3.57%, sliding from roughly $3.03 trillion to $2.92 trillion.
  • Large caps were uniformly weaker. Bitcoin declined 1.61% to $83,893, while Ethereum fell 5.48% to $2,542.49. Solana posted the largest drop in the group at 7.69%, closely followed by Dogecoin at 7.27%.
  • Starknet broke sharply from the broader trend. STRK gained 110.74% over seven days, making it the strongest performer in the supplied data by a wide margin.
  • Several mid-ranked assets also rallied. Sonic rose 55.28%, Basic Attention gained 49.82%, USD.AI advanced 47.54%, and Meteora added 42.02%.
  • Weakness remained concentrated elsewhere. Akedo dropped 24.31%, Monad lost 19.54%, and DoubleZero declined 16.84%. The Fear & Greed Index stayed in “Greed” but fell from 70 to 61, with a weekly average of 66.

What to watch next week

  • Whether STRK and the other standout gainers retain their advances. Their performance diverged sharply from the falling total market.
  • Large-cap direction. BTC held up better than ETH, XRP, SOL, DOGE, and LINK, but the entire tracked group closed lower.
  • Sentiment versus price action. Greed remains intact at 61, although its decline from 70 shows that confidence weakened alongside market capitalization.

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Editorial Team

CoinVett Team

The CoinVett editorial team combines crypto market expertise with AI-powered analysis tools.

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