Daily Market Dispatch – February 20, 2025. For informational purposes only. not financial or investment advice. Overview.

20 Feb 2025, 11:17

Daily Market Dispatch – February 20, 2025 For informational purposes only; not financial or investment advice. Overview The cryptocurrency market has seen a modest uptick, with its total market capitalization edging slightly above $3.2 trillion over the past 24 hours. Market participants are digesting yesterday’s release of the Federal Reserve's January meeting minutes, which highlighted concerns over potential inflationary pressures from proposed tariffs and immigration policies. The Federal Open Market Committee (FOMC) emphasized the need for "further progress on inflation" before considering additional rate cuts, opting to maintain the federal funds rate at 4.25%–4.50%. Bitcoin Bitcoin has inched higher to $97,000, posting a modest 0.82% gain, yet it remains in a consolidation phase, fluctuating within a broader range of $93,000 to $100,000. Technical analyses underscore the importance of the $92,500 support level; a breach could signal further dips, which to those with a bullish mindset is a prime buying opportunity. This Thursday, BTC appears keen to be battling the upper bands of the range toward $98,000, where a resistance level has formed. This pattern is reminiscent of the accumulation phase observed in May 2021, suggesting potential for a significant price movement upon resolution. Ethereum & Altcoins ETH is trading just above $2,700, reflecting resilience with a modest uptick. More notably, its weekly implied volatility in derivatives has surged to 66% – now surpassing Bitcoin’s – suggesting that options traders may be expecting upward movement ahead of the anticipated Pectra upgrade in April. Additionally, open interest in futures markets has risen slightly to over $15 billion since the start of the week, potentially underscoring the growing bullish sentiment. Alongside all this, Ethereum ETFs recorded $19.02 million in net inflows yesterday, extending a four-day inflow streak. Solana, on the other hand, has experienced a 15% decline, partly reflecting a market participants’ retreat from the recent events in the memecoin sector. In other news, Brazil’s Securities Commission has approved the world's first spot XRP ETF, expanding institutional access to XRP investments. Concurrently, the SEC has acknowledged filings for spot XRP and Litecoin ETFs by CoinShares, signaling potential shifts in the U.S. regulatory landscape. Macroeconomic Drivers The Federal Reserve's January meeting minutes, released on February 19, confirm that the central bank is not eager to reduce interest rates soon. Across the Pacific Ocean, Japan’s central bank is expected to raise rates to 0.75% by Q3 2025, signaling further divergence in global monetary policy. While U.S. economic circumstances bring mixed sentiment, these international shifts in liquidity, inflation hedges – notably, gold, which has inched higher to record an all-time high above $2,950 – and capital flows may indirectly shape institutional positioning in Bitcoin and digital assets in the coming months as investors navigate evolving risk environments. Looking Ahead Market participants should closely monitor the Federal Reserve's policy direction, as these events are likely to influence liquidity and investor sentiment. Bitcoin's ability to maintain the $92,500 support level will be crucial in determining its near-term trajectory. Additionally, Ethereum's Pectra upgrade and the evolving regulatory environment for crypto ETFs warrant attention, as they may introduce new dynamics to the market. by Iliya Kalchev, Nexo Dispatch Analyst

Same news in other sources

EthereumETH #2

20 Feb 2025, 11:38

🤝 #SOL #MNDE Marinade joins Crypto Royalty in PoSA

#SOL #MNDE Marinade joins Crypto Royalty in PoSA.

🤝 #SOL #MNDE Marinade joins Crypto Royalty in PoSA

Bitrue CoinBTR #1074

20 Feb 2025, 11:31

🥳 Bitrue x TheCloverSpace #AMA 💡 Building A New Creator Economy in #Web3 ⏰ Time: 12:00 UTC, Feb 20 📌 Set Reminder: Join our AMA and complete tasks to win a share of 100 $USDT! 👇 ➡️ Join the Bitrue English Community 📱 Telegram | 🔔 Announcement | 🕊 Twitter | 🎁 Bitrue Bonus

Bitrue x TheCloverSpace #AMA. Building A New Creator Economy in #Web3. Time: 12:00 UTC, Feb 20. Set Reminder:.

🥳 Bitrue x TheCloverSpace #AMA 💡 Building A New Creator Economy in #Web3 ⏰ Time: 12:00 UTC, Feb 20 📌 Set Reminder: https://x.com/i/spaces/1ynjo/i/spaces/1ynJOlQorrkxR Join our AMA and complete tasks to win a share of 100 $USDT! 👇 https://x.com/BitrueOfficial/status/1892137049064378496 ➡️ Join the Bitrue English Community 📱 Telegram | 🔔 Announcement | 🕊 Twitter | 🎁 Bitrue Bonus

OntologyONT #365

20 Feb 2025, 11:30

telegram news 20 February 2025 11:30

https://x.com/ontologynetwork/status/1892537183434650045?s=46

OntologyONT #365

20 Feb 2025, 11:30

telegram news 20 February 2025 11:30

https://x.com/ontologynetwork/status/1892537183434650045?s=46

OrbsORBS #459

20 Feb 2025, 11:24

Missed the Twitter space w/ Marketing Lead Shawn x Tonstakers? No problem. They've got you covered 🫡 Catch the recording on your favorite platform: 🔵 RSS: rss.com/podcasts/tonstakers/ 🔵 Spotify: open.spotify.com/show/6OTVSOoIiKiq65NMd878mB 🔵 GramCast: t.me/gramcaster_bot/?startapp=bWVkaWEucnNzLmNvbS90b25zdGFrZXJzL2ZlZWQueG1s 🔵 Original:

Missed the Twitter space w/ Marketing Lead Shawn x Tonstakers. No problem. They've got you covered.