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Gemini lists XRP among top altcoin losers with a 43% drop in 2026 amid market downturn.

Market News
12 Nov 2026, 01:37 WIB
Dailycoin
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Bearish
Gemini lists XRP among top altcoin losers with a 43% drop in 2026 amid market downturn.

Gemini, a major US crypto exchange, identified XRP as one of the biggest altcoin losers in 2026, with a 43.43% decline so far this year. Bitcoin Cash leads losses with a 61.76% drop, while other altcoins like Solana and Hedera Hashgraph also saw significant declines amid a crypto market cap near $2.5 trillion and Bitcoin dominance around 60%. Factors such as reduced liquidity, weaker speculative and institutional interest, and macroeconomic challenges contributed to these losses. Despite Ripple's ongoing institutional expansion and XRP's strong role in Ripple's stablecoin trades, XRP's price has struggled, with critical support levels between $0.98 and $1.05 now key for a potential rebound if retail and institutional interest return.

XRP trades at Rp18,974 on Pluang with a slight 0.64% decrease in the last day as of Nov 12, 2026 06:51 WIB, reflecting ongoing challenges despite its institutional use. Bitcoin Cash, the largest altcoin loser mentioned, is priced at Rp4,099,066 with a 1.86% drop in the same period. Solana also shows a minor decline, trading at Rp1,499,617 with a 0.66% decrease, highlighting the continued pressure on these altcoins within the current market environment.

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