Crypto Market Trades Sideways as US Stocks Dip Slightly on Thursday, Most Crypto-Related Stocks Close Higher

BlockBeats News, February 20th, according to HTX market data, the crypto market continues to trade sideways, with Bitcoin holding above $67,000, Ethereum is currently trading at $1950, BNB at $607, and SOL at $83. The total market capitalization of cryptocurrencies has slightly increased by 0.2% in the past 24 hours to $2.383 trillion. Tokens with significant price fluctuations include:

ENSO 24-hour change up by 46.5%, currently at $1.7;

DOLO 24-hour change up by 18.8%, currently at $0.042;

SNX 24-hour change up by 16.3%, currently at $0.348;

OM 24-hour change up by 15.1%, currently at $0.067;

AWE 24-hour change down by 41.2%, currently at $0.062;
ESP 24-hour change down by 18.8%, currently at $0.073;
OP 24-hour change down by 15.3%, currently at $0.139;
ARB 24-hour change down by 9.4%, currently at $0.098.

The decrease in OP and ARB prices is mainly due to yesterday's announcement by Base, a Layer 2 network under Coinbase, that it is departing from Optimism's Superchain ecosystem and transitioning to a unified tech stack operated by Base, abandoning external dependencies on the OP Stack, Flashbots, and Paradigm.

According to Bitget market data, U.S. stocks closed lower on Thursday, with the Dow down 0.54%, the S&P 500 down 0.28%, and the Nasdaq down 0.31%. Most crypto-related stocks moved against the trend, including:

MicroStrategy (MSTR) up 3.39%;

Coinbase (COIN) up 1.15%;

Circle (CRCL) down 1.95%;

MARA Holdings (MARA) up 6.13%;

Riot Blockchain (RIOT) up 4.71%;

BitMine Immersion (BMNR) up 0.7%;

SharpLink Gaming (SBET) up 3.03%.