XRP fell below $1 on Friday for the first time since mid-August, reaching $0.9974, before recovering to $1.025 on Saturday. After peaking near $1.60 in the autumn, it has lost almost 38%, but it remains above the lower weekly Bollinger Band at $0.90. The decline comes amid a broader sell-off driven by expectations of Federal Reserve rate hikes and Jensen Huang’s resignation as Nvidia CEO. Spot XRP exchange-traded funds recorded $18.04 million in net outflows between November 9 and November 13, while their net assets fell from $1.51 billion to $1.16 billion. Meanwhile, the number of wallets holding at least 10,000 XRP rose by 2,260 in one month, and 2,147 wallets held at least one million XRP on November 13, a 2026 high.
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