The crypto market is on the rise today, with the global cryptocurrency market capitalization increasing 3.0% to $3.85 trillion, according to data from CoinMarketCap. At the same time, the total cryptocurrency trading volume over the past 24 hours jumped to $160 billion, indicating renewed momentum for major digital assets.
TLDR:
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Global crypto market cap is up 3.0% to $3.85 trillion;
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7 of the first 10 pieces are in the green;
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BTC rose 0.4% to $110,796, while ETH gained 0.1% to $4,039;
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Analysts say Bitcoin’s slow recovery is down to “good old sellers”;
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NoOnes CEO Ray Youssef says Ethereum is in a “cooling down phase”;
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The fear and greed index has fallen to 30 (fear);
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US BTC ETFs saw outflows of $366.6 million;
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US ETH ETFs saw outflows of $232.3 million;
At the time of writing, 7 of the top 10 cryptocurrencies by market cap have seen gains in 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% over the past day and 3.6% over the week, trading at $4,039.
Binance Coin (BNB) posted one of the strongest moves, up 0.5% to $1,119, while Solana (SOL) gained 0.3% to $192.83, holding 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 other hand, Dogecoin (DOGE) slipped 0.1% to $0.2006, while Cardano (ADA) fell 0.5% to $0.67, making it one of the few most important assets in the red today.
In the wider market, Bioprotocol (BIO) led the day’s gainers with a 52.6% rise to $0.1224, followed by 币安生链 (BinanceLife) up 67.0%, and Rebound (AUCTIONS) up 58.7%.
In the meantime, ChainOpera AI (COAI) was the biggest loser of the day, falling 49.5% to $5.29.
Overall, sentiment remains cautiously optimistic as Bitcoin holds above the $110,000 threshold, with most major altcoins stabilizing near weekly highs.
Meanwhile, Bitcoin’s slow recovery continues as long-term holders cash in after years of gains, according to on-chain data analyzed by market experts.
Analyst James Check said the recent weakness was not 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 remains constrained as near-term uncertainty meets strong structural fundamentals, according to Ray Youssef, CEO of crypto platform NoOnes.
“Ethereum price action continues to be at a crossroads where technical uncertainty and fundamental strength collide,” he said in a note shared with Cryptonews.com, reflecting investor hesitation after the strong third-quarter 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.
“The Ethereum ecosystem remains fundamentally stronger than current price action suggests,” he added, pointing to growing stablecoin activity, TVL growth and institutional accumulation.
Youssef said Ethereum is in a “cooling off phase,” digesting third-quarter gains as traders prioritize capital preservation.
He expects ETH to remain directionally neutral in the near term, but sees upside potential, with a move towards $4,500-$5,000 possible if risk sentiment improves and macroeconomic conditions remain stable.
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A successful move above this zone could signal that the recent correction has bottomed out and pave the way for a potential rebound. However, failure to regain this level could strengthen the bearish momentum and prolong Ethereum’s current downtrend.
At the time of writing on Monday morning, Bitcoin is trading at $110,903, up 2.04% in the last 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 the bullish momentum continues, Bitcoin could target the $113,500 and $117,000 resistance zones, with a break above $120,000 potentially opening the way to $125,000.
On the other hand, if BTC fails to maintain current levels, it could retest $108,000 and possibly fall towards $105,000 if selling pressure returns.
Meanwhile, Ethereum is trading at $4,047, gaining 1.61% over the same period. ETH briefly fell below $3,900 before rebounding to the day’s high near $4,080. The asset remains range-bound as traders assess near-term direction amid mixed market sentiment.
If ETH rises above $4,100, it could rebound towards $4,350 and $4,500. However, further weakness could push prices below $3,900, with $3,750 being the next major support level.
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 increasing caution from investors as market uncertainty persists following recent price swings.
US Bitcoin spot ETFs saw strong outflows on Friday, totaling $366.59 million, as investor sentiment cooled following recent price volatility. Despite this decline, cumulative inflows remain strong at $61.54 billion, according to SoSoValue data.
BlackRock’s IBIT led the outflows, losing $268.61 million, followed by Fidelity’s FBTC, which saw $67.37 million leave the fund. Grayscale’s GBTC also reported outflows of $25.04 million.
Smaller issuers such as Bitwise, Ark 21Shares and VanEck saw no notable entries or exits for the day. The total net assets of all spot Bitcoin ETFs now stand at $143.93 billion, representing approximately 6.75% of Bitcoin’s total market capitalization.
US Ethereum spot ETFs also saw outflows of $232.28 million during the day, marking another red day in the sector, according to SoSoValue data. Despite this setback, cumulative total net inflows remain stable at $14.6 billion.
The outflows were led by BlackRock’s ETHA, which saw $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 of all ETH ETFs now stand at $25.98 billion, representing approximately 5.58% of Ethereum’s total market cap.
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Why have cryptocurrencies moved in tandem with stocks today?
The crypto market has been rising over the past day in tandem with the stock market. Friday, at closing time, the S&P500 was up 0.53%, the Nasdaq-100 increased by 0.65%, and the Dow Jones Industrial Average increased by 0.52%. The stock market has experienced increased volatility due to trade uncertainty created by the United States, particularly regarding China.
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Is this gathering sustainable?
It is unlikely that the market will not see further declines before a real rally. Investors and traders expect additional declines before a bull run.
Read original story Why is crypto rising today? – October 20, 2025 by Amin Ayan on Cryptonews.com
