Crypto Market Recap Oct 22, 2026: Stacks Leads a Broad Selloff

What Moved

Crypto sold off. Total market capitalisation fell 3.2% to $2.80T over the 24 hours to 00:22 UTC, with losses spread across the board rather than concentrated in a few names.

Bitcoin closed at $81,194, -3.6% on the day, roughly in step with the wider market. Dominance stands at 58.2%. Ethereum lost 3.6% to $2,387.

Breadth was weak: 2020 assets fell against 390 that rose, and only 19.0% of the hundred largest managed a gain.

Akedo (AKE) was the day's strongest mover at +30.2%, ahead of M (+13.9%). At the other end, Stacks (STX) fell 12.2%, with PUMP (-11.5%) close behind. Every tracked sector closed lower, Zero Knowledge most of all at -7.4%.

Volume and Leverage

Trading volume was ordinary at $60.4B, -0.4% against the previous day. Spot on centralised exchanges accounted for $60.0B, on-chain swaps $1.77B and derivatives $109B.

Liquidations were contained at $187M, most of it longs ($144M against $43.3M of shorts). Open interest across the venues we track is $68.1B.

Sentiment

Sentiment swung. The Coinmico Fear & Greed index reads 57 (greed), up 12 points from 45 a day earlier and against 46 a week ago.

That leaves positioning and price pointing in different directions: traders are still leaning optimistic while the tape weakens. Days like this resolve either by sentiment catching down or by dip-buying proving right; the volume figure above is the better tell.

Sectors

Rotation was visible at the sector level. Exchange Tokens finished -3.1% while Zero Knowledge closed -7.4%, a spread of 4.3 points across the 10 sectors we track; all 10 of them fell, with the middle of the pack (Derivatives & Perpetuals) at -4.5%. Exchange Tokens holding up while the market fell is the kind of relative strength worth noting if the selling continues.