Daily Market BriefFeb 20, 2025

Daily Market Brief 250220

  • $BTC is slightly up without significant movement or major headlines. As of now, $BTC is trading at $96,644, while $ETH is at $2,716. Bitcoin dominance stands at 61.07%.

  • The Ethereum Foundation launched the Open Intents Framework, enabling developers to build without relying on a single provider. Meanwhile, Ethereum transaction fees have dropped 70%, hitting their lowest levels since 2020.

  • Key developments include the SEC acknowledging a filing to permit staking for the 21Shares Spot ETH ETF, the launch of the Monad Testnet, and Fed minutes indicating discussions on slowing balance sheet runoff.

  • Over the past 24 hours, the top three gainers were $IP, $KET, and $DEEP, while the biggest losers were $AB, $ENA, and $MOVE.

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