XRP fell to $0.998 on Saturday, its lowest daily low since November 2024, one day after U.S. spot XRP exchange-traded funds (ETFs) marked their first anniversary. XRP Breaks the $1 Line The $1 level that traders spent the week debating finally gave way as XRP slipped under $1 late Friday U.S. time and kept going, […] US spot XRP ETFs lost $19.13 million in the week ending November 13.
Peter Schiff has declared Bitcoin (BTC) is in a long-term bear market after it dipped to $68,000, below where it traded in November 2021. But he was countered by some supporters of the OG cryptocurrency, who said that comparing old peaks with later lows proves little. A Pointed Question for 2021 BTC Buyers In a post on X today, Schiff asked Bitcoin investors to consider how they would have reacted five years ago if someone told them the asset would eventually trade below its November…
Bears have firmly retaken control over the past several days, dragging the cryptocurrency market back into a sea of red. The sell-off appears driven by hotter-than-expected US inflation and shockwaves from Nvidia, where longtime CEO Jensen Huang stepped down amid a swirling love scandal. Ripple’s XRP didn’t escape the downturn, with its price tumbling 15% in a week and temporarily dipping below the $1 psychological level.
The cryptocurrency market can’t catch a break these days, with another leg down as the weekend begins, which is typically a calmer period. BTC leads the pack with a dive to under $67,000 for the first time in almost three months, while ETH dipped below $1,900, and XRP struggles to remain at $1.00. Bitcoin Tanks Again We have written a lot about the major price developments over the past ten days or so, which began after the US midterms.
After months of preparation and anticipation, the merger between Evernorth and Armada Acquisition Corp. II was finally finalized in October, and their brainchild’s stock went live for trading on Nasdaq. What was supposed to be a major milestone for XRP’s expansion into traditional finance, though, has turned into a massacre, with XRPN falling from an intraday high of over $52 on its debut day to single digits.
XRP Ledger activity gains momentum as batch and ticket metrics hit new highs.
Borrowers surrendered 4.18 million cbXRP on Base, while the records leave a native XRP selling link unproven. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Whether it’s the broader market’s turbulence spreading into crypto or intensifying pressure on the macro front, the reality is that bitcoin has been in a freefall state for a while now, which culminated minutes ago with… With the altcoins copying BTC’s major leg down, the total value of liquidated positions has skyrocketed to $1.4 billion on a 24-hour scale. Longs continue to dominate.
Ahead of the upcoming Anthropic IPO, one of the most highly anticipated public stock launches in recent history, its Claude AI predicts that XRP could be set for a euphoric move by the beginning of next year. Anthropic is set to launch on Nasdaq in the $70–$78 range around mid-to-late November under the ticker ANT, generating significant attention. With an implied valuation of nearly $1.4 trillion and expected capital inflows into the AI sector, this debut could boost liquidity and risk appetite in both AI stocks and the broader crypto market.
XRP is dangerously close to losing the $1 price mark, putting holders in an uncomfortable position. Some holders may see another buying opportunity, while others are wondering if it is time to cut their losses. The token briefly slipped below $1 this morning, hitting an intraday low close to $0.99 before recovering.
Bitcoin price action interacted with its 200-week simple moving average for the first time since mid-August as it fell below $68,000. At the start of the week, we outlined the most significant macro events that were expected to rattle the markets. While some did, we couldn’t have envisioned the dramatic Nvidia CEO saga, which unraveled quickly and led to some major fluctuations across all financial fields.
Ripple (XRP) price was down 0.8% at the time of writing to trade at $1.01 at the time of writing. Trading volumes were also up by 26% to $2.46 billion per CoinMarketCap, with this surge likely coming from sellers. Exchange balances are confirming this rise in selling pressure as more than 300 million XRP coins
XRP Price slipped below $1 on Friday for the first time since August as leveraged buyers faced widespread liquidations. The XRP price traded at $0.9923 on Saturday after dipping to $0.9818 during the same four-hour candle. Ripple price was down about 16% in November, following a 16.07% decline in October.
