The crypto market is down today, with Bitcoin, Ethereum, and XRP all falling. The total market value has decreased to approximately $2.97 trillion, a drop of over 2% in the past day due to investor caution.
The broader crypto market has been under pressure in recent weeks, with prices moving lower. Bitcoin has slipped below $88,000, Ethereum has dropped more than 1%, and several altcoins have followed the downward
The crypto market faces pressure as XRP dips below $2, undermining confidence in major payment tokens. This shift necessitates a reevaluation of how payment projects are assessed amid rising fears and low liquidity.
The strongest shifts in crypto markets often start quietly, with steady roadmap advancements and increasing participation. A new DeFi project has risen 250% and is nearing full allocation, attracting larger investors and gaining visibility.
The Bitcoin four-year cycle has guided crypto investors to buy after crashes, wait for halvings, and sell during bull markets, offering a seemingly simple and predictable strategy.
XRP is back in focus after a fresh signal appeared on the weekly chart. The weekly RSI for XRP has fallen to 33, which usually means the price is getting close to oversold levels.
The world’s highest IQ forecasts that XRP could surpass Ethereum by 2026, with a potential price rise to over $6 if it matches Ethereum’s market cap, amidst current market trends favoring XRP over Bitcoin and Ethereum.
World Liberty Financial is considering a $120 million treasury investment to strengthen USD1 in the competitive stablecoin market, but community reactions reveal mixed opinions on the proposal.
Kyrgyzstan launches USDKG, a gold-backed stablecoin on the Tron blockchain, aiming to enhance cross-border payments with faster and cheaper transactions while targeting $500 million in reserves.
MSCI's proposed index rule may lead to significant selling of crypto-linked stocks, potentially increasing volatility for companies like MicroStrategy and Coinbase, and affecting Bitcoin and the wider digital asset market.
The US November CPI data's impact could be significant, with a 3.1% or lower print potentially supporting stocks and cryptocurrencies, while higher data may negatively affect risk assets.
Story Highlights Bitcoin forms fifth Golden Cross, a signal that triggered strong rallies during uncertain markets Trader Merlijn says Golden Cross could drive 45% to 50% Bitcoin price rally ahead
The crypto market faces declining sentiment, with a total market cap of $2.91 trillion, Bitcoin at $86,200, and Ethereum below $2,840. Most altcoins, including XRP at $1.86, are also experiencing losses.
Bitcoin’s sharp pullback from record highs has left investors searching for direction, and Galaxy Digital CEO Mike Novogratz says the market may need more time before confidence fully returns.
Crypto investors are closely watching Japan this week, as the Bank of Japan prepares for a major policy decision that could impact Bitcoin, XRP and the broader digital asset market.
Solana's price remains at a crucial support level amid increasing macro uncertainty, trading around $127 after a failed attempt to reach $134. Regulatory developments may influence Solana's positive trajectory through 2026.