Schlagwort: crypto business

• Ripple’s XRP traded near $2.15 after latest price declines across cryptocurrencies.
• However, downward pressure remains amid a dip in supply in profit ratios.
• Breakout past $2.30 could allow bulls to aim for more gains, but waning speculative appetite limits action.

XRP price trades near $2.15 and in the red over the week as circulating supply in profit plummets to 58.5%.

This is the lowest level the metric has touched since November 2024 when the Ripple token traded under $1, with blockchain analytics platform Glassnode noting a structurally fragile market.

Dips for Bitcoin, Ethereum, and the broader altcoin market align with this XRP’s performance.

XRP supply in profit falls

According to analytics and research platform Glassnode, the strong downward pressure has XRP supply in profit tanking to around 58% – the lowest since November 2024.

That’s when the Ripple token traded near $0.53.

Losses in recent weeks have seen supply in loss rise significantly, with momentum buyers dominating and likely a source of sell-off pressure.

“Today, despite trading ~4× higher ($2.15), 41.5% of supply (~26.5B XRP) sits in loss- a clear sign of a top-heavy and structurally fragile market dominated by late buyers,” Glassnode wrote on X.

According to Glassnode, XRP distribution after profit realization since late September has been “into weakness, not strength.” But have bulls weathered the storm?

The launch of the XRP spot ETF and key partnerships have buoyed sentiment despite price declines.

On XRP spot ETFs, Bloomberg’s Eric Balchunas recently noted:

Congrats to $XRPC for $58m in Day One volume, the most of any ETF launched this year (out of 900), BARELY edging out $BSOL’s $57m. The two of them are in league of own tho as 3rd place is over $20m away. pic.twitter.com/MjsOeceeNb

— Eric Balchunas (@EricBalchunas) November 13, 2025

XRP price forecast

Ripple (XRP) is trading around $2.15 at the time of writing on Wednesday as uncertainty across the crypto market continues.

While Bitcoin has bounced off lows of $89,500 and touched $93,000, the market is largely negative, with retail and institutional demand having faded in recent weeks.

Ripple’s token is down 1.6% in the past 24 hours as of writing.

The altcoin is also down nearly 12% in the past week, hovering largely near key support rather than at critical resistance.

This happens as risk-off sentiment cuts across the market, driven by macroeconomic jitters and panic selling.

From a technical perspective, the daily chart shows the relative strength index hovering near 38.

It’s downsloping to suggest potential declines, and any fresh weakness could derail bulls.

A similar outlook is observable with the moving average convergence divergence, which recently flashed a bearish crossover.

In addition, a dip in XRP open interest, with about $3.65 billion in OI being down from $4.11 billion, signals waning speculative fervor.

The weak derivatives outlook means traders are retreating onto the sidelines amid continued market uncertainty.

Therefore, the $2.10 and $2.00 areas mark key price levels.

On the upside, bulls face hurdles at $2.30 and $2.50 before the critical $3.00 mark comes into play.

The post XRP price forecast as supply in profit falls to 58% appeared first on CoinJournal.

• Bitcoin ETFs log fifth straight day of heavy outflows.

• BlackRock’s IBIT posts record withdrawal since launch.

• Bitcoin risks further downside as sell pressure intensifies.

US-listed spot Bitcoin exchange-traded funds saw another day of significant redemptions on 18 November, marking their fifth consecutive session of outflows.

The ETFs recorded a combined $372.8 million in net withdrawals, extending a trend that began on 12 November and has now removed billions of dollars from major issuers.

The day’s outflows were driven largely by BlackRock’s iShares Bitcoin Trust (IBIT), which reported $523.2 million in redemptions — its largest single-day loss since launching in January 2024.

Small inflows into EZBC and BTC were not enough to offset broader investor selling.

Recent sessions have shown a similarly weak pattern, with $254.6 million exiting on 17 November, $492.1 million on 14 November, $866.7 million on 13 November, and $278.1 million on 12 November.

The sustained withdrawals reflect cooling institutional appetite despite pockets of isolated inflows.

IBIT faces heaviest pressure

According to SoSoValue data, IBIT’s $523.15 million outflow on Tuesday surpassed its previous record of $463 million set on 14 November.

The ETF has now posted five straight days of net outflows, totaling $1.43 billion.

With $72.76 billion in net assets, IBIT remains the world’s largest spot Bitcoin ETF.

Yet it has seen a negative flow trend since late October, accumulating four consecutive weeks of outflows amounting to $2.19 billion.

Across the sector, spot Bitcoin ETFs have suffered more than $3 billion in outflows so far in November, with IBIT alone accounting for nearly $2 billion of that figure.

The withdrawals have coincided with Bitcoin’s price correction, which saw the token fall below $90,000 earlier this week from its $126,080 all-time high in early October.

Bitcoin was last changing hands around $91,849, up 1.6% in the past 24 hours.

Bitcoin price tests crucial support

Bitcoin continues to trade near the $90,000 support level on Wednesday.

A daily close below that threshold could open the door to further downside, particularly as institutional outflows reinforce bearish sentiment.

The pressure has been amplified by data showing persistent selling across multiple investor cohorts.

A K33 Research report released Tuesday noted that long-term holders have been trimming positions for months, while ETF investors have accelerated their own selling in recent weeks.

K33 highlighted that Bitcoin’s recent market structure resembles prior major drawdowns.

In March 2024, the token fell 33.57% from its peak, while the tariff-driven sell-off earlier in the year resulted in a 31.95% decline. A similar correction today would place Bitcoin in the $84,000 to $86,000 range.

Analysts at K33 also warned that a resurgence of leverage in the derivatives market could act as a catalyst pushing prices toward — or even below — those levels.

The post Bitcoin ETF outflows accelerate as IBIT logs record withdrawals appeared first on CoinJournal.

• Starknet price dropped sharply as top cryptocurrencies tumbled to key support levels.
• On November 18, 2025, STRK plunged nearly 20% to touch lows of $0.17. 
• STRK plunged as Bitcoin dropped to lows of $89,500.

Starknet’s native token took a sharp hit as cryptocurrencies bled on Monday, November 17, 2025, with bears extending the dip to Tuesday as STRK plunged nearly 20% to lows of $0.17. 

At the time of writing, Starknet traded 14% down in 24 hours at around $0.19. The decline contrasted with gains for Internet Computer, Hyperliquid, and others.

Notably, the altcoin mirrored losses for Zcash, the top privacy coin by market cap, which was also seeing notable profit taking.

Starknet nosedived 20% amid a broader crypto crash

As the crypto market entered freefall on November 17, Starknet price plummeted.

Triggered by a number of factors, including macro jitters and geopolitical tensions, amplified selling pressure across major assets cascaded into altcoins.

For instance, Bitcoin, the bellwether of the market, shed more than 4% to drop to a low of $89,500.

The move saw the global market cap fall to $3.13 trillion. Trading volume rose 45% on Nov. 18 to over $247 billion, with the Ethereum price falling to lows of $3,000.

XRP, BNB, and Solana all recorded significant drops, pushing liquidations to above $1 billion globally.  

Starknet, which rose amid recent privacy coin gains, followed suit.

The zero-knowledge proofs-powered layer 2 solution saw its STRK token fall from highs of $0.22 to $0.17. Nosediving 20% allowed bears to erase much of the token’s recent 50% rally.

As the chart below shows, Starknet price recently notched four straight green daily candles as price touched  high of $0.24. Following Monday’s dip, weekly gains are currently down to about 22%.

Is STRK done plummeting?

Market observers note that while Starknet’s TVL (total value locked) remains robust at over $340 million, the token’s correlation with Bitcoin, left it exposed to the flagship coin’s volatility.

The timing couldn’t be worse for Starknet. 

Just this week, the project announced a multi-million dollar program aimed at Bitcoin staking. The milestone aims to bridge the Ethereum and Bitcoin ecosystems through Starknet’s BTCFi offering. 

As the crypto market dusts off some of the sell-off pressure, finding a floor near the $0.16-$0.17 mark could be crucial for bulls.

If this happens, STRK could eye $0.24 and potentially one year highs above $0.78. The main target in the short term remains the psychological $1 level.

The platform’s Bitcoin integration positions it uniquely for cross-chain growth. Bitcoin DeFi growth, especially as Ethereum’s upgrades enhance layer-2 efficiency, adds to the bullish outlook.

However, in the short term, risks such as a prolonged Bitcoin bear market could allow sellers to seek more pain.

Bulls saw STRK price fall to an all-time low under $0.04 on October 10, 2025. Current prices nevertheless hover about 305% up since.

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