TLDR
- Bitcoin dominance rose to 58.9% with a 1.07% gain in the last 24 hours.
- Crypto ETFs saw combined outflows of $599M on October 20, 2025.
- The global crypto market cap increased by 0.9% to reach $3.66 trillion.
- Fear and Greed Index dropped to 30, signaling rising market caution.
The global crypto market saw a recovery on October 20, with the total market cap reaching $3.66 trillion. This marked a 0.9% rise in 24 hours. Bitcoin’s dominance increased sharply to 58.9%, showing strong investor interest in the top cryptocurrency. Meanwhile, ETFs recorded high outflows, and market sentiment remained cautious, with the Fear and Greed Index falling to 30.
Bitcoin Leads Market Recovery
Bitcoin led the crypto market rebound with its dominance rising to 58.9%, up 1.07% in a day. This increase shows that a large part of market liquidity moved into Bitcoin. When Bitcoin gains dominance, traders often shift away from altcoins. The rise is driven by strong demand and interest from institutional players.
Historically, Bitcoin’s dominance over 55% suggests a market cycle led by Bitcoin. In this cycle, altcoins usually underperform. The current dominance reflects a focus on more stable digital assets. As many smaller tokens remain volatile, Bitcoin remains a safer option for many investors.
ETF Outflows Show Market Caution
XT Exchange reported $599 million in outflows from spot ETFs, including $367 million from Bitcoin and $232 million from Ethereum funds. These outflows may reflect short-term risk management by large investors. Some may be securing profits or moving funds elsewhere.
ETF movements are closely linked to market sentiment. Large withdrawals often take place when investors expect volatility. Even though ETFs saw outflows, the overall crypto market grew. This shows that trading interest continues, just in different assets or platforms.
Fear and Futures Data Suggest Uncertainty
The Fear and Greed Index dropped to 30, indicating a fearful sentiment in the market. Investors are cautious and may be waiting before making large trades. Such low scores are common during uncertain phases. Traders often take a step back before a larger move.
Futures trading data from XT shows a long/short ratio of 0.97. This means slightly more traders are betting on price drops. A ratio below 1 often signals caution. Traders appear undecided about the next major trend. This balance could lead to a strong move in either direction.
Altcoins See Selective Gains
While most major tokens had small changes, a few altcoins saw strong gains. $LTO rose by 83.78%, making it the top performer of the day on XT Exchange. The LTO Network focuses on blockchain-based data management. Its rise drew interest from traders in a slow market.
Other tokens such as $KAS and $ZIG also rose by more than 10%. These moves are often linked to project updates or new listings. The gains were isolated and did not reflect a broader altcoin rally. Most altcoins remained quiet as Bitcoin took the lead.
Institutional Shifts and Long-Term Outlook
Despite ETF outflows, liquidity across crypto platforms remained steady. Some investors may be moving from ETFs to direct holdings. This is a common move during periods of market uncertainty. Many long-term holders tend to stay in the market during such shifts.
XT Exchange’s seventh anniversary update included technical targets. The next Bitcoin target is set around $70,000. While short-term movement is uncertain, the market is showing signs of steady growth. The current market cap of $3.66 trillion is near its 2021 highs, showing a strong recovery from 2022 lows.
