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XRP News Today: Federal Uncertainty and Worldwide Regulations Trigger $1 Trillion Crypto Market Crash

XRP News Today: Federal Uncertainty and Worldwide Regulations Trigger $1 Trillion Crypto Market Crash

Bitget-RWA2025/11/17 21:04
By:Bitget-RWA

- Bitcoin fell below $92,000, erasing $1 trillion in crypto value as major altcoins faced double-digit weekly losses. - Fed rate cut uncertainty and Japan's regulatory scrutiny intensified selling, with analysts warning of further declines to $80,000–$86,000. - XRP's 14% drop and whale-driven selling pressured prices, though new ETFs sparked speculation about potential rebounds to $2.75.

On Friday, Bitcoin's value tumbled below $92,000,

throughout the crypto sector and wiping out close to $1 trillion in market capitalization since its high point in October. This steep drop, among the most significant single-day declines in recent weeks, such as , , and into double-digit percentage losses over the week. that if panic selling intensifies, prices could slide further into the $80,000–$86,000 range.

This downturn coincides with changing expectations regarding the Federal Reserve's monetary policy.

a 51% probability of a rate cut in December, down from 63% earlier in the week, after Fed officials expressed concerns about inflation. This ambiguity , with Asian stock indices like Japan’s Nikkei and South Korea’s KOSPI also experiencing steep declines alongside . The crypto market's struggles are in Japan and continued instability in derivatives trading, where open interest remains below the $12 billion peak reached in October.

XRP News Today: Federal Uncertainty and Worldwide Regulations Trigger $1 Trillion Crypto Market Crash image 0
, XRP’s 14% drop over the past week has led to speculation about a possible recovery. New spot XRP ETFs from major players such as Grayscale and Franklin Templeton may draw institutional investment, with one analyst to $2.75. Still, , as large holders have sold 200 million XRP within the first two days of ETF trading, putting downward pressure on prices.

The overall cryptocurrency market has

since reaching its all-time high of $3.2 trillion in October. observed that the market has entered a bearish phase, and if historical trends from the stock market repeat, another 20% drop—or an additional $1 trillion loss—could occur. pointed out that the $89,000–$94,000 range is a key support level, warning that a break below this could push Bitcoin back to prices last seen in April 2025.

Regulatory developments and broader economic factors continue to shape investor attitudes. The Federal Reserve’s recent hawkish tone has reduced risk-taking, while

on crypto treasury firms has further increased uncertainty. At the same time, with little major economic data coming out of the U.S., for their next moves.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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