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CoinCatch Market Daily Report (October 21, 2025)
Beginner
2025-10-21 | 10m
On October 21, the crypto market is showing mixed performance. Bitcoin resumed its decline after attempting to stabilize, falling
below $110,000 today. Meanwhile, VanEck has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the ‘VanEck Lido Staked ETH ETF’. Polymarket has launched instant Bitcoin prediction markets with Chainlink integration on Polygon mainnet, enhancing market reliability and liquidity. Polymarket has launched instant Bitcoin prediction markets with Chainlink integration on Polygon mainnet, enhancing market reliability and liquidity.
Crypto Market Overview
BTC (-2.86% | Current Price: $108,062.49)
Over the past 24 hours, the cryptocurrency market experienced a brief recovery, breaking through the $111,000 mark. After attempting to stabilize, Bitcoin resumed its decline, slipping
below $110,000 in Asian trading today. Bitcoin prices fell nearly 3% to
$107,712.3 , failing to hold above $110,000 . Technically, Bitcoin's daily candlestick chart showed three consecutive positive days, and the MACD death cross narrowed, suggesting weakening bearish momentum and a gradual dominance of bulls. The price has successfully broken through the 5-day MA and found support near the 10-day MA. If it holds above this level, further upside potential is expected. Overall, this rebound is closely tied to positive macroeconomic news: the market expects the two major global economies to reach a fair trade agreement in the coming week, easing risk aversion. Bitcoin's medium-term trend remains upward. If short-term momentum continues, Bitcoin could test the 30-day MA at $114,500. If upward momentum weakens, a correction to $107,000 could lead to consolidation. On October 20th, Bitcoin ETFs experienced a net outflow of $40.4 million. BlackRock IBIT experienced an outflow of $100.7 million, while Fidelity FBTC observed an inflow of $9.7 million.
ETH (-4.14% | Current Price: $3,893.01)
Ethereum also faced pressure, accelerating its decline
below $4,000. The price of Ethereum fell 4.1% to
$3,893.01, failing to hold above the crucial $4,000 level. On October 20th, ETH ETFs experienced a total net outflow of $145.7 million, including an outflow of $117.9 million from BlackRock ETHA and an outflow of 27.8 million from Fidelity FETH.
ETF
On October 20th, US Eastern Time, Bitcoin spot ETFs saw a total net outflow of
$40.4683 million in a single day, marking the fourth consecutive day of capital outflow. Among them, BlackRock's IBIT had a net outflow
of $101 million, the largest ETF outflow that day; while VanEck's HODL and Bitwise's BITB recorded net inflows of
$21.1598 million and
$12.0520 million, respectively. As of now, the total net asset value of Bitcoin spot ETFs has reached
$149.663 billion , accounting for 6.76% of the total market value of BTC.
Altcoins
Today's Crypto Fear & Greed Index is
33 (out of 100), up 3 points from yesterday but still in
"fear" territory. The index's average over the past seven days is 28, and its average over the past 30 days is 45, indicating that market sentiment has been leaning toward pessimism recently.
Amidst overall market pressure, some altcoins and DeFi tokens have shown strong rebound momentum, indicating that investors are seeking new investment opportunities.
Major altcoin performance : XRP and Chainlink led the gains among major cryptocurrencies. XRP rose 3.92%, with Solana and XRP both recording gains of nearly 10%. Privacy coin Zcash surged
17% , demonstrating the relative strength of the privacy coin sector.
Meme coins and DeFi : The meme sector rose 1.96%, with FLOKI and Useless Coin (USELESS) rising
15.49% and
17.55% , respectively . The DeFi sector rose 2.86% over the past 24 hours, with Chainlink (LINK) up
9.43%. Layer 1 and Layer 2 : The Layer 1 sector rose 0.41%, with Zcash (ZEC) up 13.36%. The Layer 2 sector rose 0.20%, with Zora (ZORA) up 13.24%.
Macro Data
Cryptocurrency performance today contrasted sharply with Asian stock markets. Japanese stocks hit record highs on the prospect of fiscal dovish Sanae Takaichi becoming prime minister, while Chinese stocks surged on some easing comments from US officials on the ongoing trade dispute. However, Bitcoin and cryptocurrency prices generally fell during Asian trading hours. Analysts pointed out that some macroeconomic pressures are easing: tensions in US regional banks have eased; the Federal Reserve's emergency liquidity facility lending volume fell to zero last Friday; and high-yield bond spreads are narrowing, indicating that market sentiment is stabilizing.
On October 20th, the S&P 500 gained 1.07% to 6,735.13 points; the Dow Jones Industrial Average increased 1.12% to 46,706.58 points, and the Nasdaq Composite gained 1.37% to 22,990.54 points.
Trending Tokens
AVNT Avantis (+30.18%, Circulating Market Cap: $166.73 Million)
AVNT is trading at $0.6454, up approximately 30.18% in the past 24 hours. Avantis is the largest RWA perps DEX in DeFi, built on and backed by Base. Avantis allows users to trade crypto and real-world assets (RWAs), including FX, commodities, indices, and equities. Backed by Pantera and Coinbase, Avantis is the largest DEX on Base by volumes, and brings institutional-grade products to DeFi, letting users trade with up to 500x leverage in a transparent, permissionless environment. AVNT fell 71% in 30 days before the rally, hitting extreme oversold levels. The 24h surge coincided with Bitcoin’s brief rebound above $113.5K and a 20.86% spike in total crypto trading volume. Weak hands exited during the September–October crash, leaving a supply vacuum that amplified the bounce. However, the 90-day ROI remains +150%, inviting sell-pressure from early holders.
OPEN OpenLedger (+21.49%, Circulating Market Cap: $90.85 Million)
OPEN is trading at $0.4217, up approximately 21.49% in the past 24 hours. OpenLedger is the AI blockchain, unlocking liquidity to monetize data, models, apps and agents. It enables the training, deployment and on-chain tracking of specialized AI models and data, solving critical challenges around transparency, attribution and verifiability in AI. OPEN reclaimed its 7-day SMA ($0.368) and shows a bullish MACD crossover (histogram: +0.0098). However, it remains below the 30-day SMA ($0.524), a key resistance level. Short-term traders are reacting to the MACD signal, but the 30-day SMA could cap gains. RSI at 39.14 suggests room for upside before overbought conditions. Fibonacci levels highlight $0.4236 (78.6% retracement) as critical support.
0G 0G (+10.24%, Circulating Market Cap: $431.75 Million)
0G is trading at $2.02, up approximately 10.24% in the past 24 hours. Launched in 2023 by a team based in San Francisco, 0G is a decentralized AI operating system and Layer 1 blockchain. The project was developed to provide the foundational infrastructure for on-chain AI applications, addressing the scalability and cost challenges that occur when running AI workloads on conventional blockchains. At Korea Blockchain Week (October 14), 0G Labs showcased partnerships with China Mobile for distributed AI compute nodes and its DiLoCoX model (357x faster than Google’s AI training). While bullish for adoption, RSI (32.4) remains oversold, suggesting volatility. The AI focus aligns with market trends but faces competition from projects like Sahara and Gaia.
Market News
VanEck Files for Lido Staked ETH ETF
VanEck has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the ‘VanEck Lido Staked ETH ETF’, a proposed fund designed to provide investors with exposure to stETH, ETH staked via the Lido protocol.
“The filing signals growing recognition that liquid staking is an essential part of Ethereum’s infrastructure. Lido protocol’s stETH has shown that decentralization and institutional standards can coexist, providing a foundation the broader market can build on,” said Kean Gilbert, Head of Institutional Relations at Lido Ecosystem Foundation. The ETF would hold stETH, benefiting from its extensively audited smart contracts, deep secondary-market liquidity, and integrations with leading custodians and exchanges. Since launch, staking users have earned more than $2 billion in staking rewards through the Lido protocol, which today has a total value locked of nearly $40 billion.
If approved, the ETF would give institutional investors a compliant, tax-efficient way to gain Ethereum staking exposure within a regulated investment structure.
Polymarket Revolutionizes Bitcoin Prediction Markets with Chainlink Integration
Polymarket has launched instant Bitcoin prediction markets with Chainlink integration on Polygon mainnet, enhancing market reliability and liquidity. This integration allows for real-time signals and settlements within 15 minutes, potentially boosting trading volumes and user trust. The initiative strengthens sectors involving crypto predictions and grows financial support for markets like BTC and ETH.
Polymarket, a leading decentralized prediction market platform, has announced a strategic partnership with Chainlink, an oracle network, to enhance the reliability and liquidity of its prediction markets. The integration of Chainlink's data standard into Polymarket's resolution process has enabled the creation of 15-minute markets with near-instant settlement and industry-leading security on the Polygon mainnet Polymarket integrates Chainlink to launch 15-minute prediction markets on Polygon.
This collaboration leverages Chainlink Data Streams and Automation to provide real-time, decentralized oracle data, which significantly accelerates market resolutions. For instance, Bitcoin price outcomes can now be settled almost instantly based on a set date and time, reducing the time lag from hours to minutes Polymarket and Chainlink To Speed Up Prediction Markets On Polygon.
UK Bitcoin ETPs From BlackRock, Others Start Trading in London After FCA Ends Ban
BlackRock debuted a bitcoin exchange-traded product (ETP) on the London Stock Exchange on Monday, one of a number of similar offerings that started trading after the Financial Conduct Authority ended a ban on retail investment imposed in 2021.
In addition to the iShares Bitcoin ETP trading under the ticker IB1T, investors also gained access to products from companies including 21Shares, WisdomTree and Bitwise, which allow retail investors to buy exposure to bitcoin through a regulated market without needing to hold cryptocurrency directly.
BlackRock's product is already available elsewhere in Europe, having been listed on Xetra, Euronext Amsterdam and Euronext Paris in late March according to the BlackRock’s page for the product.
Switzerland-based 21Shares introduced four of its flagship crypto ETNs. These include its bitcoin (ABTC) and ether (AETH) staking products, as well as two lower-fee "Core” offerings, CBTC and ETHC, with management fees of 0.10%.
Reference:
CoinMarketCap. (n.d.).
CoinMarketCap.
https://coinmarketcap.com
Farside Investors. (n.d.-a).
Bitcoin.
https://farside.co.uk/btc/
Farside Investors. (n.d.-b).
Ethereum.
https://farside.co.uk/eth/
Investing.com. (n.d.-a).
USA Indices.
https://investing.com/indices/usa-indices
GoldPrice.org. (n.d.).
Spot gold price today.
https://goldprice.org/spot-gold.html
AInvest. Anon. (2025, September 25).
Polymarket revolutionizes Bitcoin prediction markets with Chainlink integration.
https://www.ainvest.com/news/polymarket-revolutionizes-bitcoin-prediction-markets-chainlink-integration-2509/ Lido Blog. Gilbert, K. (2025, October 20).
VanEck files for Lido Staked ETH ETF.
https://blog.lido.fi/vaneck-files-for-lido-staked-eth-etf/ CoinDesk. Smith, J. (2025, October 20).
BlackRock UK Bitcoin ETP starts trading in London after FCA eases crypto ban.
https://www.coindesk.com/markets/2025/10/20/blackrock-uk-bitcoin-etp-starts-trading-in-london-after-fca-eases-crypto-ban
CoinCatch Team
Disclaimer:
Digital asset prices carry high market risk and price volatility. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance. CoinCatch is not responsible for any losses that may occur. This article should not be considered financial advice.
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