The post XRP Price Dips Below $2 After Bitcoin’s Crash to $86,000 Range appeared on BitcoinEthereumNews.com. The XRP price has dropped below the $2.00 psychological level, revisiting levels last seen during the October 10 crash. In comes amid a broader bearish sentiment in the crypto market, that saw the Bitcoin price fall below the $87,000 level and $220 million longs blown out of the water within the hour. Sponsored Sponsored XRP Price Retests June Lows As it Falls Below $2 As of this writing, the powering token for the Ripple ecosystem was trading at $1.98, down 2.5% in the last 24 hours and nearly 16% in the last week. XRP Price Performance. Source: TradingView The drop came as Bitcoin pulled the broader crypto market down after slipping below $87,000 and blowing over $220 million worth of long positions out of the water in an hour. Surprisingly, the drop came while the Ripple community was still in the XRP ETF frenzy, following Bitwise Invest’s recent move to launch the financial instrument. Very excited to launch the Bitwise XRP ETF $XRP. What a journey for this asset and this community. Excited to see what’s next. — Matt Hougan (@Matt_Hougan) November 20, 2025 In fact, Ripple CEO Brad Garlinghouse had only hours ago called the “pre-thanksgiving rush” for the XRP ETF as the financial instrument first hit the NYSE. Sponsored Sponsored Nonetheless, ETF analyst James Seyffart revealed that the financial instrument was already making a name for itself, garnering $22 million in trading with three hours left before trading closed on November 20. “With a bit over ~3 hours left in trading Bitwise’s XRP is almost at $22 million in trading today. Quite impressive for the second product to market a full week after Canary Capital’s XRPC, which is the #1 launch by volume this year,” wrote Seyffart. Canary Capital’s XRP ETF saw strong early demand, with Bitwise’s financial… The post XRP Price Dips Below $2 After Bitcoin’s Crash to $86,000 Range appeared on BitcoinEthereumNews.com. The XRP price has dropped below the $2.00 psychological level, revisiting levels last seen during the October 10 crash. In comes amid a broader bearish sentiment in the crypto market, that saw the Bitcoin price fall below the $87,000 level and $220 million longs blown out of the water within the hour. Sponsored Sponsored XRP Price Retests June Lows As it Falls Below $2 As of this writing, the powering token for the Ripple ecosystem was trading at $1.98, down 2.5% in the last 24 hours and nearly 16% in the last week. XRP Price Performance. Source: TradingView The drop came as Bitcoin pulled the broader crypto market down after slipping below $87,000 and blowing over $220 million worth of long positions out of the water in an hour. Surprisingly, the drop came while the Ripple community was still in the XRP ETF frenzy, following Bitwise Invest’s recent move to launch the financial instrument. Very excited to launch the Bitwise XRP ETF $XRP. What a journey for this asset and this community. Excited to see what’s next. — Matt Hougan (@Matt_Hougan) November 20, 2025 In fact, Ripple CEO Brad Garlinghouse had only hours ago called the “pre-thanksgiving rush” for the XRP ETF as the financial instrument first hit the NYSE. Sponsored Sponsored Nonetheless, ETF analyst James Seyffart revealed that the financial instrument was already making a name for itself, garnering $22 million in trading with three hours left before trading closed on November 20. “With a bit over ~3 hours left in trading Bitwise’s XRP is almost at $22 million in trading today. Quite impressive for the second product to market a full week after Canary Capital’s XRPC, which is the #1 launch by volume this year,” wrote Seyffart. Canary Capital’s XRP ETF saw strong early demand, with Bitwise’s financial…