Cryptocurrencies traded slightly higher across the crypto market on February 20.
As top coins Bitcoin, Ethereum and XRP flipped green, the total market cap rose 1.6% to $3.2 trillion.
BTC dominance remained high, at 60.2% and ETH dominance stood at 10.3%
Meanwhile, total crypto liquidations in the past 24 hours fell 54% to about $124 million.
Most of the positions wiped out were shorts at over $72 million. Longs accounted for about $52 million.
BTC, ETH, XRP gain
Although sentiment is neutral as the Fear & Greed Index shows, analysts predict a potential spike above $100k for Bitcoin price.
If this happens, ETH, XRP, Solana and other top altcoins could seek upside momentum.
Bitcoin is above $97.2k with 1.6% gains in the past 24 hours, suggesting buyers may be back.
Elsewhere, Ethereum broke above $2.7k, up 1% in 24 hours and could target $3k.
XRP, on the other hand, has benefitted from multiple potential catalysts.
Spot XRP ETF news and regulatory developments related to its SEC case are positive.
It’s this that has helped the Ripple coin outpace peers in the top 10 by market cap with over 6% gains in the past 24 hours.
The price of XRP hovered around $2.70 – the only crypto in the top 10 with double-digit gains over the past week.
Analysts on crypto market outlook
Per on-chain data analytics platform CryptoQuant, market movements are signaling a bullish flip.
Tether’s USDT has seen inflows of over $450 million in the past day, the first time this happened since February 3, 2025.
“When the inflow is positive, it suggests increased stablecoin liquidity on exchanges, which can be a leading indicator of market movements,” CryptoQuant analyst Heisenberg noted.
In its assessment, Singapore-based firm QCP Capital notes that markets are still edgy amid tariff tensions and inflation fears.
The overall outlook may be one where there’s “a slow grind in sideways markets.”
Crypto analyst Miles Deutscher says the market is waiting for the next catalysts after “front-running” positive news related to Donald Trump’s election and inauguration.
ETF flows for $BTC and $ETH are clearly slowing down since the election pumps. 📉
It makes sense when you realize that markets are forward-looking, and the bulk of ETF buyers were front-running all the positive news from Trump taking office.
With all that demand pulled forward,…
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Crypto top gainers and losers today
Several altcoins in the top 100 by market segment have recorded double-digit gains in the past 24 hours.
Token launches, exchange listings and key partnerships are some of the factors driving these altcoins higher.
The SEC’s decision to dismiss its appeal on the push to have securities laws apply to DeFi has also helped several coins higher.
Meanwhile, token unlocks and overall profit taking has a number of altcoins leading in 24-hour losses as of writing.
Top gainers today
Story (IP)
Price up 33% to $3.20
Berachain (BERA)
Price up 17% to $7.73
Bittensor (TAO)
24-hours gains of 16% to $453. Coinbase’s listing of TAO helped bulls higher.
Sonic (prev. FTM) (S)
The S token is up 15% to $0.74
Celestia (TIA)
Up 12% to $3.38
Biggest losers today
Movement (MOVE)
The token was down more than 6% to $0.47
FLOKI (FLOKI)
Down 5% to $0.00009312
Litecoin (LTC)
24-hour dip 5% to $128
The post Crypto wrap February 20: BTC, ETH, and XRP climb as Story, Berachain lead gains appeared first on Invezz
