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XRP crashes below $1 amid broader crypto selloff and ETF withdrawals

Market News
15 Nov 2026, 01:31 WIB
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Bearish
XRP crashes below $1 amid broader crypto selloff and ETF withdrawals

XRP has fallen below the $1 mark, dropping about 18% in a week amid a wider cryptocurrency market decline led by Bitcoin and Ethereum losses. The selloff is driven by institutional ETF withdrawals, leveraged liquidations, and tightening liquidity, with $27 million in XRP derivatives liquidated recently. The contraction in stablecoins and higher interest rate expectations have reduced buying demand, adding pressure on XRP. The next key support levels to watch are $0.94 and $0.90, while recovery above $1 is needed to improve the bearish outlook.

Following the recent selloff described in the news, XRP is trading at Rp16.562 on Pluang as of Nov 15, 2026 06:51 WIB, down 9.95% in the last day. The token's market cap stands at Rp1.044,29 trillion with a 24-hour trading volume of Rp66,55 trillion. Pluang users show a buying interest with 64% buy orders compared to 36% sell, and the typical hold time is 73 days, indicating some investors remain committed despite the decline.

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