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XRP News Today: "ETFs Drive Crypto's Turbulent Path: Will XRP and Bitcoin Conquer Market Fluctuations?"

XRP News Today: "ETFs Drive Crypto's Turbulent Path: Will XRP and Bitcoin Conquer Market Fluctuations?"

Bitget-RWA2025/11/23 22:32
By:Bitget-RWA

- XRP and Bitcoin face volatility amid ETF launches, regulatory shifts, and macroeconomic pressures, with XRP dropping 8.72% to $1.91 on November 20. - XRP ETFs like Canary Capital’s $245M net inflow product and Bitwise’s upcoming offerings signal growing institutional interest despite structural challenges like concentrated supply. - SEC-approved Bitcoin ETFs and the GENIUS Act’s regulatory clarity boost crypto adoption, while BlackRock’s IBIT saw $60.61M inflows after a five-day outflow streak. - Technic

The digital currency sector is witnessing heightened activity as

and maneuver through turbulent market conditions, influenced by increased institutional capital and evolving regulatory landscapes. XRP, ranking as the third-largest cryptocurrency, has endured significant price drops amid widespread market instability. However, the introduction of new ETFs and rising institutional participation point toward possible recovery prospects. At the same time, Bitcoin's price movements present conflicting signals, with both technical trends and broader economic factors impacting investor outlook.

XRP's valuation

on November 20, representing an 8.72% drop within a single day as panic selling outweighed ETF-driven demand. Nevertheless, the asset has experienced a surge in ETF-related activity, with several providers entering the space. by reaching $59 million in trading volume on its first day and attracting $245 million in net investments, while Bitwise and Franklin Templeton are preparing to introduce their own XRP ETFs soon. that although ETF inflows can boost market liquidity, they do not necessarily shield against steep declines during periods of intense volatility.

Structural issues within the XRP market, such as concentrated holdings and ongoing profit-taking, have further dampened sentiment.

, RLUSD, along with the company's substantial XRP reserves—exceeding 34 billion tokens—has sparked debate over the asset's future role. Still, that the expanding ETF landscape, featuring offerings from Franklin Templeton and Grayscale, could increase accessibility for investors and help stabilize XRP in the long run.
XRP News Today:

Bitcoin's value dipped below $87,000 on November 20, reaching its lowest point in seven months, though technical signals suggest a possible upward correction.

significant selling activity, with liquidations across the crypto sector surpassing $914 million. a strong bearish outlook among retail investors, which has historically preceded market turnarounds. on November 19, as BlackRock's IBIT recorded $60.61 million in net inflows after five consecutive days of outflows. Industry , that ongoing macroeconomic challenges and elevated interest rates have led institutional players to adopt a more cautious approach.

Clearer regulations have become a major driving force.

of spot Bitcoin ETFs in early 2024, along with the enactment of the GENIUS Act—which sets out a legal structure for payment-oriented digital assets—has fostered a more supportive climate for cryptocurrency adoption. on November 20 and offering a 0.34% fee waiver for the first $500 million in assets, highlights this positive shift. and reliance on the CME CF XRP-Dollar Reference Rate are designed to keep its price in line with global benchmarks.

Technical analysis for XRP points to a tentative recovery. The token remains above the $2.00 support, but is still trading below important moving averages, with a "Death Cross" pattern reinforcing a bearish trend.

XRP would need to break through $2.72 and close above the 50-day EMA at $2.45 on a daily basis. hinges on holding support above $90,000 and seeing a reversal in the MACD indicator.

Investors are also monitoring the broader economic landscape for ripple effects.

for the Bitcoin for America Act—which would permit tax payments in Bitcoin and establish a Strategic Bitcoin Reserve—reflects increasing institutional acceptance. Such initiatives could further cement cryptocurrency's status as a mainstream investment option.

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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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