On the morning of October 20, 2025, the cryptocurrency market shows positive dynamics. In particular, bitcoin has recovered to above $111,000, Ethereum to $4,000, according to TradingView.

The former cryptocurrency is trading at $111,094 at the time of writing. Apparently, it has managed to gain ground above this level. The gain on the daily chart is 2.3%:

Ethereum, on the other hand, is trading at $4072 with a gain of 2.3% on the daily chart as well.

The gains in other positions range from 2.8% to 6.8%. As can be seen, both major cryptoassets and altcoins showed positive dynamics.

The daily liquidation volume is more than $520 million with a prevalence of short positions, which is explained by the sharp jump in the market:

The fear and greed index rose five points. It still indicates the prevalence of fear and the urge to sell, but the indicator also shows positive changes.

Recall that at the end of last week there was a correction in the market. In particular, the price of bitcoin fell below the $105,000 mark.

Rachel Lucas, crypto analyst at BTC Markets, noted in a commentary for The Block that the rebound in the market was due to the stabilization of the macroeconomic situation and a new surge of institutional interest.

According to her, major players took the previous sell-off as a chance to buy. Also, positive dynamics, according to her, is fueled by expectations of interest rate reduction by the U.S. Federal Reserve System.

In addition, users of the Polymarket site estimate the probability of introducing duties of 100% on Chinese products by the U.S. authorities on November 1, 2025 at 12%. This may indicate some skepticism about further escalation of the trade war between the countries.