Why Is Crypto Up Today? – October 20, 2025

The crypto market is up today, with the global cryptocurrency market capitalization increasing by 3.0% to reach $3.85 trillion, according to CoinMarketCap data. Meanwhile, the total crypto trading volume in the past 24 hours has climbed to $160 billion, indicating renewed momentum across major digital assets.

Crypto Winners & Losers

At the time of writing, 7 of the top 10 cryptocurrencies by market capitalization have posted gains over the past 24 hours.

Bitcoin (BTC) rose 0.4% to $110,796, extending its weekly gain to 3.5% and maintaining a market cap above $2.2 trillion.

Ethereum (ETH) followed closely, up 0.1% in the past day and 3.6% on the week, trading at $4,039.

Binance Coin (BNB) posted one of the stronger moves, up 0.5% to $1,119, while Solana (SOL) gained 0.3% to $192.83, holding firm above the $190 mark.

XRP (XRP) climbed 0.3%, changing hands at $2.46, and TRON (TRX) was up 0.1% at $0.324, continuing its steady upward trend.

On the downside, Dogecoin (DOGE) slipped 0.1% to $0.2006, while Cardano (ADA) fell 0.5% to $0.67, making it one of the few top assets in the red today.

In the broader market, Bio Protocol (BIO) led the day’s gainers with a 52.6% surge to $0.1224, followed by 币安生链 (BinanceLife) up 67.0%, and Bounce (AUCTION) up 58.7%.

Meanwhile, ChainOpera AI (COAI) was the day’s biggest loser, dropping 49.5% to $5.29.

Overall, sentiment remains cautiously bullish as Bitcoin holds above the $110,000 threshold, with most major altcoins stabilizing near weekly highs.

Meanwhile, Bitcoin’s sluggish recovery continues as long-term holders cash out after years of gains, according to on-chain data analyzed by market experts.

Analyst James Check said the recent weakness isn’t caused by manipulation but by “good old-fashioned sellers,” noting that this wave of profit-taking has become the main resistance keeping Bitcoin below key price levels.

Ethereum Faces Short-Term Caution but Long-Term Strength, Says NoOnes CEO

Ethereum remains range-bound as short-term uncertainty meets strong structural fundamentals, according to Ray Youssef, CEO of crypto platform NoOnes.

“Ethereum’s price action continues to sit at a crossroads where technical uncertainty and fundamental strength collide,” he said in a note shared with Cryptonews.com, reflecting investor hesitation after Q3’s strong performance.

Despite recent ETF outflows of over $310 million and a validator exit queue exceeding 2.3 million ETH worth $9 billion, Youssef noted that large holders remain confident.

“Ethereum’s ecosystem remains fundamentally stronger than its price action currently suggests,” he added, pointing to rising stablecoin activity, TVL growth, and institutional accumulation.

Youssef said Ethereum is in a “cooldown phase,” digesting Q3 gains as traders prioritize capital preservation.

He expects ETH to stay directionally neutral in the near term but sees upside potential, with a move toward $4,500–$5,000 possible if risk sentiment improves and macro conditions remain stable.

In a recent post on X, crypto analyst Ted Pillows said Ethereum is attempting to reclaim the key $4,100 support level, which could determine its short-term direction.

A successful move above this zone may signal that the recent correction has bottomed out and set the stage for a potential rebound. However, failure to regain this level could reinforce bearish momentum and extend Ethereum’s current downtrend.

Levels & Events to Watch Next

At the time of writing on Monday morning, Bitcoin trades at $110,903, up 2.04% over the past 24 hours. The leading cryptocurrency started the day with an intraday low near $108,000 before climbing to around $111,000. BTC is now consolidating near this level, showing signs of recovery after a volatile week.

If bullish momentum continues, Bitcoin could target the $113,500 and $117,000 resistance zones, with a breakout above $120,000 potentially paving the way toward $125,000.

On the downside, failing to hold current levels could see BTC retesting $108,000 and possibly dipping toward $105,000 if selling pressure returns.

Meanwhile, Ethereum is trading at $4,047, gaining 1.61% in the same period. ETH briefly dipped below $3,900 before rebounding to the day’s high near $4,080. The asset remains range-bound as traders weigh near-term direction amid mixed market sentiment.

If ETH breaks above $4,100, it could rally toward $4,350 and $4,500. However, renewed weakness could push prices below $3,900, with $3,750 serving as the next major support level.

The crypto market sentiment has fallen deeper into the fear zone, according to the CMC Crypto Fear and Greed Index, which currently sits at 30, down from 40 last week and 48 a month ago.

The index shows growing caution among investors as market uncertainty lingers following recent price swings.

The US Bitcoin spot ETFs recorded heavy outflows on Friday, totaling $366.59 million, as investor sentiment cooled following recent price volatility. Despite the decline, cumulative inflows remain strong at $61.54 billion, according to data from SoSoValue.

BlackRock’s IBIT led the outflows, shedding $268.61 million, followed by Fidelity’s FBTC, which saw $67.37 million leave the fund. Grayscale’s GBTC also reported $25.04 million in outflows.

Smaller issuers such as Bitwise, Ark 21Shares, and VanEck saw no notable inflows or outflows for the day. The total net assets of all spot Bitcoin ETFs now stand at $143.93 billion, representing about 6.75% of Bitcoin’s total market capitalization.

The US Ethereum spot ETFs also saw $232.28 million in outflows during the day, marking another day of red across the sector, according to data from SoSoValue. Despite the setback, the cumulative total net inflow remains steady at $14.6 billion.

Outflows were led by BlackRock’s ETHA, which recorded $146.06 million in withdrawals, followed by Fidelity’s FETH with $30.61 million and Grayscale’s ETHE with $26.13 million. Smaller funds like Bitwise’s ETHW and VanEck’s ETHV also saw outflows of $20.59 million and $4.21 million, respectively.

The total net assets across all ETH ETFs now stand at $25.98 billion, representing about 5.58% of Ethereum’s total market capitalization.

Quick FAQ

Why did crypto move in tandem with stocks today?

The crypto market has increased over the past day in tandem with the stock market. By the closing time on Friday, the S&P 500 was up by 0.53%, the Nasdaq-100 increased by 0.65%, and the Dow Jones Industrial Average rose 0.52%. The stock market has seen increased volatility due to the trade uncertainty created by the US, particularly in regards to China.

Is this rally sustainable?

It’s unlikely that the market will not see further drops before an actual rally. Investors and traders expect additional decreases prior to a bull run.

The post Why Is Crypto Up Today? – October 20, 2025 appeared first on Cryptonews.