{"id":38109,"date":"2025-11-14T15:16:54","date_gmt":"2025-11-14T15:16:54","guid":{"rendered":"https:\/\/financialrush.com\/?p=38109"},"modified":"2025-11-14T15:16:54","modified_gmt":"2025-11-14T15:16:54","slug":"bitcoin-loses-100k-level-xrp-etf-goes-live-u-s-government-reopens-your-weekly-crypto-recap","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=38109","title":{"rendered":"Bitcoin Loses $100K Level, XRP ETF Goes Live, U.S. Government Reopens: Your Weekly Crypto Recap"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tThe biggest news is price-related as the entire market is bleeding out heavily. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>On the surface, it was supposed to be a positive week. However, the reality is quite different and painful as BTC just plummeted to a six-month low and there\u2019s no bottom in sight, at least for now.<\/p>\n<p>But let\u2019s rewind to the end of the previous week, when BTC had just dipped below the crucial $100,000 line but had managed to defend it. In fact, it recovered to around $102,000 during the weekend and jumped to $104,000 on Sunday afternoon and $107,000 on Monday after US President Trump promised $2,000 tariff checks to non-high-income Americans and hinted that the longest government shutdown would come to an end soon.<\/p>\n<p>That relief rally was short-lived, and BTC quickly dropped by several grand. Its next bounce came on Thursday morning when the government reopening <a href=\"https:\/\/cryptopotato.com\/bitcoins-price-jumps-as-trump-signs-bill-to-end-record-us-govt-shutdown\/\">became official<\/a> after the POTUS signed the necessary papers. BTC peaked at $104,000, but that resistance turned out to be too strong once again.<\/p>\n<p>The subsequent <a href=\"https:\/\/cryptopotato.com\/zec-icp-and-xmr-dump-by-double-digits-btc-price-rejected-at-107k-market-watch\/\">rejection<\/a> was a lot more violent than the previous ones. Not only did bitcoin dump below $100,000, but it kept plunging on Friday to its lowest levels since May at $94,500 (as of now). This meant that the asset has lost more than $12,000 since the Monday peak of $107,000.<\/p>\n<p>The overall mood is bearish, with analysts <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-tanks-below-97k-as-analyst-warns-the-worst-is-yet-to-come\/\">declaring<\/a> the end of the bull market and the subsequent beginning of a more profound bear cycle. The weekly losses for BTC stand at almost 5%, for ETH are more than 4%, while SOL is down by over 10%. Interestingly, LTC, XMR, WLFI, and UNI are well in the green, and so is XRP from the larger caps.<\/p>\n<h2 id=\"market-data\" class=\"resource-jumplink\">Market Data<\/h2>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-14-153748.png\"><\/a><\/p>\n<p>Market Cap: $3.3T | 24H Vol: $280B | BTC Dominance: 57.4%<\/p>\n<p>BTC: $94,700 (-4.8%) | ETH: $3,074 (-4.2%) | XRP: $2.26 (+4.4%)<\/p>\n<h2 id=\"this-weeks-crypto-headlines-you-cant-miss\" class=\"resource-jumplink\">This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n<p><strong>Bitcoin\u2019s (BTC) Famous 4-Year Cycle May Finally Be Crumbling<\/strong>. Amid the ongoing calamity and the different state of the bull market that started last year, crypto analysts are <a href=\"https:\/\/cryptopotato.com\/bitcoins-btc-famous-4-year-cycle-may-finally-be-crumbling\/\">adamant<\/a> that the typical 4-year cycle is over and there\u2019s a new, more sophisticated and mature phase for BTC.<\/p>\n<p><strong>Canary\u2019s XRP ETF (XRPC) Launch Successful: Here\u2019s What Happened on Day 1<\/strong>. After numerous delays and uncertainty, the first spot XRP ETF with 100% exposure to Ripple\u2019s asset finally went live for trading on Thursday after the last hurdle was <a href=\"https:\/\/cryptopotato.com\/spot-xrp-etf-launches-on-nasdaq-today-as-binance-net-inflows-rise\/\">bypassed<\/a> by the Nasdaq\u2019s official listing notice on Wednesday. Canary\u2019s XRPC <a href=\"https:\/\/cryptopotato.com\/canarys-xrp-etf-xrpc-launch-successful-heres-what-happened-on-day-1\/\">broke<\/a> the previous SOL record for the launch day.<\/p>\n<p><strong>Bitcoin Whales and Miners Are Moving Massive Sums: What Does This Mean for BTC\u2019s Price?\u00a0<\/strong>One of the first warning signs this week came after reports <a href=\"https:\/\/cryptopotato.com\/bitcoin-whales-and-miners-are-moving-massive-sums-what-does-this-mean-for-btcs-price\/\">emerged<\/a> that BTC whales and miners had moved large portions of the asset to exchanges, with the likely intention to sell. Such transfers are typically followed by market crashes.<\/p>\n<p><strong>BTC \u2018Miner Heartbeat\u2019 Metric Shows Bitcoin Network Still Strong<\/strong>. With prices falling, investors capitulating, and sentiment\u00a0<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">souring, on-chain data\u00a0<a href=\"https:\/\/cryptopotato.com\/btc-miner-heartbeat-metric-shows-bitcoin-network-still-strong\/\">indicate<\/a> that Bitcoin\u2019s network fundamentals remain as strong as they were during the summer rally, as evidenced<\/span>\u00a0by the \u201cHash Rate Momentum Score.\u201d<\/p>\n<p><strong>IRS Introduces Safe Harbor Allowing Tax-Free Staking for Crypto ETPs<\/strong>. The US Treasury and IRS <a href=\"https:\/\/cryptopotato.com\/irs-introduces-safe-harbor-allowing-tax-free-staking-for-crypto-etps\/\">outlined<\/a> a new safe harbor that will allow crypto ETFs to stake digital assets without paying extra tax.<\/p>\n<p><strong>UNI Token Soars 35% Following Fee Switch Proposal<\/strong>. UNI\u2019s market-wide correction defiance and double-digit weekly surge were primarily prompted by the announcement from Uniswap\u2019s founder, Hayden Adams, <a href=\"https:\/\/cryptopotato.com\/uni-token-soars-35-following-fee-switch-proposal\/\">stating<\/a> that the exchange will introduce a sweeping governance proposal, which introduced a long-anticipated fee switch that would redirect a portion of trading fees toward burning UNI tokens.<\/p>\n<h2 id=\"charts\" class=\"resource-jumplink\">Charts<\/h2>\n<p>This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid \u2013\u00a0<a href=\"https:\/\/cryptopotato.com\/crypto-price-analysis-november-14-eth-xrp-ada-bnb-and-hype\/\">click here for the complete price analysis<\/a>.<\/p>\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\/bitcoin-loses-100k-level-xrp-etf-goes-live-u-s-government-reopens-your-weekly-crypto-recap\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; The biggest news is price-related as the entire market is bleeding out heavily. On the surface, it&hellip;\n","protected":false},"author":2,"featured_media":9165,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-38109","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\/38109","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=38109"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/38109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/9165"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}