Bitcoin rockets past $91,000. XRP ETFs are setting all-time highs. Is this the breakout moment we waited for?

in #cryptocurrency13 days ago

The year is wrapping up quickly. Everyone wonders if ETFs are finally hitting their peak. November brought some harsh corrections. Now the mood is totally different. Bitcoin is roaring back. XRP ETFs are pulling in huge amounts of institutional cash. The crypto space is electric, but people still watch closely. Markets are trying to find a solid path. Smart money is buying the fastest-growing products. This intense week showed renewed popularity and big fund transfers.

XRP is stealing the spotlight. Bitcoin, while up, is taking a backseat to this ETF frenzy.

A Quick Look

Bitcoin hits $91,000. Better central bank policies help the recovery. XRP ETFs now hold $676 million. This shows huge institutional interest. Big crypto holders, known as whales, are moving their coins. They sent thousands of BTC to exchanges. Options trading suggests that risk appetite is returning to the markets. Is XRP the best new asset for crypto ETFs?

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ETFs clearly pushed the price of XRP higher. The facts are undeniable. Total assets under management for XRP ETFs reached $676.49 million by November 26th. They saw $21.81 million flow in on that single day. Institutions clearly want a piece of Ripple. Bitwise leads with $7.46 million in new money. Canary Capital ($5.21 million) and Franklin Templeton ($4.83 million) follow closely.

The price of XRP seems calm around $2.23. Do not let that fool you. Funds keep multiplying and trade volumes follow suit. They traded $38.12 million in just one day. Analysts confirm this high demand is holding strong. XRP ETFs attracted $230 million in less than a week. Hitting the billion-dollar mark looks very possible now.

One analyst shared the overall feeling. These massive flows are not random luck. They show a clear strategy from big players. They ignore the crazy price swings. They focus instead on regulated products built for long-term holding. This means the goal is deep stability, not just quick profit.

Bitcoin fell hard to $82,000. It quickly bounced back near $91,000. Is this a real comeback or just a small pause? Vincent Liu, CIO at Kronos Research, calls this a classic pattern. Bitcoin returning above $90,000 happens after prices drop too far. Buyers always rush back in after a sharp dip. The market feels better about taking risks overall. This is because the Fed will likely cut interest rates soon. That move gives the market the power to stabilize and grow.

Signals are still mixed behind the scenes. The chance of a Fed rate cut is nearing 85 percent. This makes people feel better about riskier assets. However, caution remains strong. The market feels more driven by simple hope than solid new momentum. One analyst calls this a natural recovery without any real spark. Trading volumes remain low, which is typical during US holidays.

Bitcoin still moves up and down fast. Yet, hitting the key $90,000 level revived hopeful price predictions. Other coins are moving up too. Ethereum gained 3.1 percent. Bitcoin is up 4 percent. Sol increased 3.3 percent. Ada keeps struggling, falling 7 percent this past week.

The real action happens beneath the price charts. Big holders have been busy. Long-term owners transferred 700,000 BTC. They moved 9,000 BTC to exchanges in one day. The average deposit size on Binance jumped sharply. It went from 12 BTC up to 37 BTC. These large figures are important. They show big investors are cashing out profits. Some are strategically shrinking their portfolios.
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The mood changed in the derivatives market. Options trades moved away from downside protection. Traders are now targeting calls at the $100,000 mark. This signals strong future belief. Funding rates are positive again. That means demand for buying future contracts is back. It feels like a breath of fresh air for the market.

Meanwhile, ETFs continue sucking up capital. Bitcoin spot funds saw $21.12 million in net inflows on November 26. Ethereum saw $60.82 million. XRP brought in $21.81 million. Solana, by contrast, had an $8.1 million outflow. This proves not all segments are booming.

Key Figures Driving the Trend

$91,458: Current Bitcoin price. $676.49M: Total assets in XRP ETFs on November 26. 700,000 BTC: Moved by long-term holders in just two days. $230M: Money injected into XRP ETFs over one week. 3.8: The long to short ratio on Binance accounts. This is the highest in three years.

The crypto year will certainly not end quietly. Bitwise just received approval for a Dogecoin ETF on the NYSE. A major question remains unanswered. Will the market embrace this new excitement, or is this just another short-lived flash?


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