{"id":38049,"date":"2025-11-13T14:28:26","date_gmt":"2025-11-13T14:28:26","guid":{"rendered":"https:\/\/financialrush.com\/?p=38049"},"modified":"2025-11-13T14:28:26","modified_gmt":"2025-11-13T14:28:26","slug":"xrp-taps-2-50-ahead-of-etf-debut-btc-recovery-stopped-at-104k-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=38049","title":{"rendered":"XRP Taps $2.50 Ahead of ETF Debut, BTC Recovery Stopped at $104K: Market Watch"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tQNT is today\u2019s top gainer from the largest 100 alts. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>Bitcoin\u2019s price experienced an immediate uptick after Trump signed legislation to resume the US government\u2019s operations, but it was stopped at $104,000.<\/p>\n<p>Most larger-cap altcoins continue with their sluggish performance, aside from XRP, which has charted a 3.5% increase ahead of the much-anticipated debut of a spot ETF in the United States.<\/p>\n<h2 id=\"btc-stopped-at-104k\">BTC Stopped at $104K<\/h2>\n<p>The primary cryptocurrency has been in an evident decline for a while now. Its price tumbled from over $111,000 at the start of the month to under $100,000 during the previous business week, and the subsequent recovery attempt has been quite underwhelming.<\/p>\n<p>The most impressive rebound occurred on Monday, hours after US President Trump promised $2,000 tariff checks to some Americans and hinted that the government shutdown might be coming to an end. This resulted in a price surge to just over $107,000 for BTC, but that was another <a href=\"https:\/\/cryptopotato.com\/zec-icp-and-xmr-dump-by-double-digits-btc-price-rejected-at-107k-market-watch\/\">fakeout<\/a>.<\/p>\n<p>In the following few days, bitcoin headed south once again and slipped to under $101,000 yesterday evening. Then, the POTUS <a href=\"https:\/\/cryptopotato.com\/bitcoins-price-jumps-as-trump-signs-bill-to-end-record-us-govt-shutdown\/\">signed<\/a> legislation to reopen the government\u2019s operations, which pushed BTC to just over $104,000 on Thursday morning.<\/p>\n<p>However, that was as far as the asset would go, at least for now, and it has since lost more than a grand. It now struggles below $103,000, while its market capitalization has declined to $2.050 trillion. Its dominance over the alts has also taken a hit and is down to 57.5% on CG.<\/p>\n<figure id=\"attachment_1419810\" aria-describedby=\"caption-attachment-1419810\" style=\"width: 1835px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/BTCUSD-16.png\"><\/a><figcaption id=\"caption-attachment-1419810\" class=\"wp-caption-text\">BTCUSD. Source: TradingView<\/figcaption><\/figure>\n<h2 id=\"xrp-to-2-50\">XRP to $2.50<\/h2>\n<p>Perhaps the biggest news in the crypto community today is the highly anticipated <a href=\"https:\/\/cryptopotato.com\/spot-xrp-etf-launches-on-nasdaq-today-as-binance-net-inflows-rise\/\">launch<\/a> of the spot XRP ETF in the US after the last hurdle fell. Ahead of the event, the underlying asset\u2019s price jumped by more than 3% and sits above $2.50 as of press time.<\/p>\n<p>The rest of the larger-cap alts are a lot less volatile. ETH, TRX, BCH, and XLM are with minor gains, while BNB, SOL, DOGE, ADA, LINK, and HYPE are slightly in the red. ZEC has returned to $500 after a 4% increase, while UNI and TAO have dumped hard over the past day of up to 8%.<\/p>\n<p>The total crypto market cap struggles at just under $3.6 trillion on CG.<\/p>\n<figure id=\"attachment_1419815\" aria-describedby=\"caption-attachment-1419815\" style=\"width: 1881px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-13-122526.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-1419815 size-full\" src=\"https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=9999\" alt=\"Cryptocurrency Market Overview Daily. Source: QuantifyCrypto\" width=\"1881\" height=\"861\" srcset=\"https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=1881 1881w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=300,h=137 300w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=1024,h=469 1024w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=768,h=352 768w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=1536,h=703 1536w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=90,h=41 90w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=150,h=69 150w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=1600,h=732 1600w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=1400,h=641 1400w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=1200,h=549 1200w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=1000,h=458 1000w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=900,h=412 900w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=800,h=366 800w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=700,h=320 700w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=600,h=275 600w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=500,h=229 500w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=400,h=183 400w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=200,h=92 200w, https:\/\/imagedelivery.net\/m229SatnEWUWJyPg8tcYvg\/b4eadc8d-2f57-434e-a7f7-d4691c95c000\/w=100,h=46 100w\" sizes=\"(max-width: 1881px) 100vw, 1881px\"\/><\/a><figcaption id=\"caption-attachment-1419815\" class=\"wp-caption-text\">Cryptocurrency Market Overview Daily. Source: QuantifyCrypto<\/figcaption><\/figure>\n<div class=\"code-block code-block-9\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Exclusive)<\/span><\/center><br \/>\n<b>SECRET PARTNERSHIP BONUS for CryptoPotato readers: <a href=\"https:\/\/cryptopotato.com\/goto\/bingxpromo\/\" rel=\"nofollow\">Use this link<\/a> to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).<\/b><\/p>\n<p><span style=\"font-style: italic; color: #808080;\"><span style=\"font-size: small;\">Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.<\/span><\/span><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.tradingview.com\/ideas\/cryptocurrency\/\">Cryptocurrency charts<\/a>\u00a0by TradingView.<\/div>\n<p><!-- CONTENT END 1 -->\n\t\t\t\t\t\t\t<\/div>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/xrp-taps-2-50-ahead-of-etf-debut-btc-recovery-stopped-at-104k-market-watch\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; QNT is today\u2019s top gainer from the largest 100 alts. Bitcoin\u2019s price experienced an immediate uptick after&hellip;\n","protected":false},"author":2,"featured_media":7553,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-38049","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/38049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38049"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/38049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/7553"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}