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CoinCatch Market Daily Report (October 20, 2025)

CoinCatch Market Daily Report (October 20, 2025)

Intermediate
2025-10-20 | 10m
On October 20, the major digital assets posting notable gains. Bitcoin (BTC) led the charge, strengthening to approximately $108,695.5, while Ethereum (ETH) saw an increase of nearly 2.8%. Other altcoins such as Dogecoin (DOGE), SUI, and ENA also joined the rally, registering gains between 3.36% and 5.25%. Meanwhile, U.S. Bitcoin exchange-traded funds recorded a weekly net outflow of $1.23 billion last week, marking their second-largest outflow on record. Aave V4 will introduce a new collateral asset class, including stocks, ETFs, real estate, and other asset types. OpenSea will launch its long-awaited token in the first quarter of 2026, the platform's CEO announced, as the NFT trading site transforms itself into a multi-chain trading hub and perpetual futures protocol.

Crypto Market Overview

BTC (+4.45% | Current Price: $111,178.18)

After a sharp drop around October 17th, BTC prices found temporary support near $103,500, and subsequently began a volatile rebound. The short-term moving averages (MA5 and MA10) formed a golden cross on October 19th, pushing the price above $110,000. However, this price surge was accompanied by significant market turbulence, resulting in substantial losses for over 100,000 traders globally within a 24-hour period, with total liquidations amounting to $268 million . The largest single liquidation order, valued at nearly $11.9 million, occurred on a BTC/USD pair on the Hyperliquid exchange. On October 17th, Bitcoin ETFs experienced a net outflow of $366.6 million. BlackRock IBIT experienced an outflow of $268.6 million, while Fidelity FBTC observed an outflow of $67.4 million.

ETH (+4.83% | Current Price: $4048.37)

Ethereum is showing promising technical structure. Analysis suggests ETH may be forming a "bullish flag" pattern, which could indicate a continuation of the uptrend if the price breaks out upward . Some technical projections suggest a potential move toward the $4,450-$4,500 range by the end of October, contingent on the pattern holding and broader market support . On-chain data also reveals interesting activity from large holders, with one identified "mysterious whale" increasing their leveraged long position on BTC and ETH to $250 million, significantly reducing their floating loss to just $312 thousand, demonstrating conviction in their bullish outlook. On October 17th, ETH ETFs experienced a total net outflow of $232.3 million, including an outflow of $146.1 million from BlackRock ETHA and an outflow of 30.6 million from Fidelity FETH.

Altcoins

Most major altcoins rebounded slightly, with market sentiment remaining neutral. The Fear & Greed Index (FGI) was at 30, well within the panic zone, indicating limited investor risk appetite and relatively conservative market sentiment.

Macro Data

The market's trajectory remains heavily influenced by macroeconomic expectations and upcoming key events. All eyes are on the Federal Reserve, with the market pricing in a 99% probability of a 25-basis-point interest rate cut at the Federal Open Market Committee (FOMC) meeting scheduled for October 28-29 . This strong expectation of accommodative monetary policy is providing a supportive backdrop for risk assets, including cryptocurrencies. Further adding to the week's significance, the Fed is set to host a Payment Innovation Conference on October 21, which will bring together industry experts to discuss stablecoins, artificial intelligence, and tokenization . This event is seen as a pivotal moment for the Real-World Asset (RWA) tokenization sector, highlighting the growing institutional interest in the convergence of traditional finance (TradFi) and decentralized finance (DeFi) . Fed Governor Christopher Waller emphasized the goal of exploring new technologies to "improve the safety and efficiency of payments," signaling a constructive, albeit cautious, regulatory stance toward digital asset innovation . Additionally, the impending release of the U.S. Consumer Price Index (CPI) report for September on October 24 adds another layer of macro sensitivity, as it could influence the Fed's longer-term policy path.
On October 17th, the S&P 500 gained 0.53% to 6,664.01 points; the Dow Jones Industrial Average increased 0.52% to 46,190.61 points, and the Nasdaq Composite gained 0.52% to 22,679.98 points.

Trending Tokens

AUCTION Bounce Token (+57.62%, Circulating Market Cap: $62.62 Million)

AUCTION is trading at $9.45, up approximately 57.62% in the past 24 hours. Auction as a Service - Bounce’s fully decentralized auction platform uses blockchain technology to ensure more transparent, efficient, and accessible auctioning, bidding, and buying processes for Web3 users. AUCTION broke above its 30-day SMA ($7.89) and 7-day EMA ($6.53) with a 5,708% spike in 24h volume to $290M. The RSI-7 (56.53) remains neutral, avoiding overbought risks seen in July. The volume surge signals strong conviction, but AUCTION’s low float (6.59M circulating supply) and whale concentration (80% held by top wallets) amplify volatility. While the MACD histogram (-0.01264) shows slight bearish momentum, the price holding above $9.42 Fibonacci support (23.6% retracement at $8.66) suggests bullish sentiment dominates.

SNX Synthetix (+18.34%, Circulating Market Cap: $578.13 Million)

SNX is trading at $1.68, up approximately 18.34% in the past 24 hours. Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra(Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix announced a $1M Ethereum Mainnet Trading Competition starting October 20, 2025, requiring participants to stake SNX to mint sUSD for eligibility. Traders are accumulating SNX pre-competition to access rewards, driving demand, with staking locks supply (343M SNX circulating), tightening available tokens and similar events historically boosted SNX volume; daily fees already exceed $1M.

EDEN OpenEden (+15.6%, Circulating Market Cap: $27.76 Million)

EDEN is trading at $0.151, up approximately 7.47% in the past 24 hours. OpenEden operates a leading real-world asset (RWA) tokenization platform, renowned for its unmatched focus on regulatory standards and advanced financial technology. Founded in 2022, OpenEden bridges traditional and decentralized finance by providing, through its regulated entities in the BVI and Bermuda, secure, transparent, and compliant on-chain access to tokenized RWA. OpenEden is redefining financial access through tokenization with a core focus on compliance and innovation. On October 15, S&P Global awarded OpenEden’s TBILL Fund an “AA+f” credit rating and “S1+” volatility score—its highest possible—validating the fund’s stability and low sensitivity to market shifts. This follows a Moody’s “A” rating and BNY Mellon’s custody of $260M in tokenized U.S. Treasuries. The dual ratings signal institutional-grade compliance, attracting TradFi capital seeking yield in regulated RWAs. OpenEden’s TVL surged 1,000x since 2023 to $260M, driven by demand for transparent, yield-bearing Treasuries. Higher credibility could stabilize EDEN’s utility demand long-term.

Market News

Spot Bitcoin ETFs Shed $1.2 Billion in Second-Largest Weekly Outflows Since Debut

U.S. Bitcoin exchange-traded funds recorded a weekly net outflow of $1.23 billion last week, marking their second-largest outflow on record. Spot bitcoin ETFs saw $366.6 million in net outflows on Friday alone, bringing the week's total net outflows to $1.23 billion — a sharp reversal from the previous week's net inflow of $2.7 billion.
Last week represents the second-largest weekly net outflow since bitcoin funds launched in 2024, exceeded only by the $2.6 billion in outflows during the week ending Feb. 28. Significant outflows came as bitcoin experienced severe volatility last week, plunging from around $121,000 on Oct. 10 to a low of approximately $103,700 on Oct. 17, according to The Block's BTC price page. The world's largest cryptocurrency has since climbed back, up 4.2% in the past 24 hours to $111,268 as of 2:45 a.m. ET Monday. Ether also jumped 5% to $4,082. Meanwhile, spot Ethereum ETFs recorded a weekly net outflow of $311.8 million last week, compared to a net inflow of $488.3 million the previous week.

Aave V4 to Introduce New Collateral Asset Class Encompassing Stocks, ETFs, and Real Estate

Aave V4 will introduce a new collateral asset class, including stocks, ETFs, real estate, and other asset types. This expansion aims to unlock new opportunities for DeFi users and increase the diversity of collateral options available on the platform.
Aave V4, a leading decentralized finance (DeFi) platform, is set to introduce a new collateral asset class, including stocks, ETFs, real estate, and other asset types. This expansion aims to unlock new opportunities for DeFi users and increase the diversity of collateral options available on the platform. The new asset classes are designed to provide users with a broader range of investment choices and enhance the platform's flexibility. By incorporating these diverse assets, Aave V4 seeks to attract a wider range of investors and increase its market share in the DeFi sector. The decision to expand collateral options comes amidst growing institutional interest in digital assets, including Ether. According to a CryptoNewsLand report, institutional interest in Ether has been increasing, particularly after the success of Bitcoin ETFs. This trend highlights the growing confidence in Ethereum’s long-term role in the digital economy.
Aave V4’s new collateral asset class is expected to launch in the coming weeks, following extensive testing and regulatory compliance checks. The platform has been working closely with key figures in the crypto industry to ensure the new features meet the necessary standards and attract large institutional investors. This expansion is part of a broader shift among DeFi managers to diversify beyond Bitcoin and explore new investment opportunities. As institutional demand for digital assets continues to grow, platforms like Aave V4 are positioning themselves to capture this early interest.

OpenSea Sets SEA Token Launch for Q1 2026, with 50% of Revenue at Launch Earmarked for Buybacks

OpenSea will launch its long-awaited token in the first quarter of 2026, the platform's CEO announced, as the NFT trading site transforms itself into a multi-chain trading hub and perpetual futures protocol.
Details on the platform's SEA token were revealed in an X post on Friday from OpenSea CEO Devin Finzer, in a joint announcement with the OpenSea Foundation. The token will be launched in the first quarter of 2026, according to the announcement, with 50% of the total supply going to OpenSea's community — namely OG users and participants in the current rewards program — and with more than half of that sum awarded during the token's initial claim period.
50% of the platform's revenue will be used for token buybacks "at launch," according to the announcement, and users will be able to stake SEA tokens "behind [their] favorite tokens and collections." OpenSea did not disclose the total token supply or reveal further details on how allocations will be determined, nor did it say how the percentage of revenue going to buybacks would be determined. The Block could not immediately reach OpenSea for comment.
The planned launch comes as OpenSea pivots from an NFT marketplace to a multi-chain trading hub. So far in October, OpenSea has had its biggest volume month in three years, with $1.6 billion in crypto trades and $230 million in NFTs, The Block previously reported. The platform currently has about a two-thirds share of the Ethereum NFT market, according to The Block's data, though trading volumes are considerably down from the heyday of the digital assets.

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/
GoldPrice.org. (n.d.). Spot gold price today. https://goldprice.org/spot-gold.html
Ainvest. (2025, October 18). Aave V4 to introduce new collateral asset class encompassing stocks, ETFs, and real estate. https://www.ainvest.com/news/aave-v4-introduce-collateral-asset-class-encompassing-stocks-etfs-real-estate-2510/
The Block. (2025, October 20). Spot bitcoin ETFs shed $1.2 billion in second-largest weekly outflows since debut. https://www.theblock.co/post/375243/spot-bitcoin-etfs-second-largest-outflow
The Block. (2025, October 18). OpenSea sets SEA token launch for Q1 2026, with 50% of revenue at launch earmarked for buybacks. https://www.theblock.co/post/375195/opensea-sets-sea-token-launch-for-q1-2026-with-50-of-revenue-at-launch-earmarked-for-buybacks
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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