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XRP falls 24% in four weeks amid stolen asset conversions pressuring price near $1.

Market News
10 Nov 2026, 18:03 WIB
Crypto Briefing
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Bearish
XRP falls 24% in four weeks amid stolen asset conversions pressuring price near $1.

XRP has dropped 24% over the past month, underperforming Bitcoin and Ethereum due to stolen XRP being converted into Bitcoin, which adds selling pressure. Its price is close to $1.10, near the lowest since August, raising concerns about further declines. Market watchers are monitoring the impact of these conversions, regulatory news, and Ripple CEO statements for future price direction. The chance of XRP reaching $3.00 in November appears significantly reduced.

XRP is trading at Rp18.981 on Pluang as of Nov 10, 2026 23:22 WIB, down 5.38% in the last day. The market cap stands at Rp1.203,35 trillion, reflecting ongoing investor caution. Despite recent selling pressure, typical hold time on Pluang remains 73 days, indicating some investors maintain longer-term positions.

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