Category: Crypto Hub

Triple-Digit Move Incoming? XLM Hits Key $0.23 Support Again  CryptoPotato
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Bitcoin edged above $88,000 on Monday but lagged the broader rebound in US equities, with the cryptocurrency still nursing losses from last week’s selloff. The modest move higher underscores the market’s cautious mood, as bullish conviction remains muted.
The original cryptocurrency began to recover over the weekend after slumping to a seven-month low of $80,554 on Friday. Bitcoin, which had tumbled more than 20% in the past four weeks, was up less than 1% to about $88,400 on Monday. Other smaller, more volatile tokens increased more, with XRP jumping about 7% and Solana about 3% higher.
While Bitcoin is higher for a second day, traders see little cause for celebration. The wider crypto market is in a pronounced slump despite surging institutional adoption and a series of policy wins pushed for by US President Donald Trump, who has embraced the industry.
Technology stocks drove an advance in global equities on Monday as traders kicked off a data-packed week more optimistic that the Federal Reserve will cut interest rates in December.
“The lack of a broader ‘alt season’ in crypto and waning liquidity and underperformance relative to equity markets has made it more difficult to deploy meaningful capital into liquid strategies purely in crypto markets,” said Shiliang Tang, managing director of Monarq Asset Management.
In the crypto options market, traders are building downside protection at lower levels even with Bitcoin prices having seen a slight rebound in the last 24 hours. Demand for put options at the strike of $80,000 has surpassed those at $85,000, becoming the most popular contracts, according to Coinbase-owned crypto exchange Deribit.
Meanwhile, the Bitcoin funding rate – a key measure of crypto market sentiment – has turned negative in the last few days, according to CryptoQuant, meaning there is more demand for bearish bets in the perpetual futures market than bullish positions. That figure had been persistently positive even amid the market rout in recent weeks. The flip points to signs of deepening slump in digital assets as more traders bet against the largest cryptocurrency.
Without a turnaround, November will become Bitcoin’s worst month since a string of corporate collapses rocked the crypto market in 2022, a wipeout that culminated in the downfall of Sam Bankman-Fried’s FTX exchange.
“If BTC is to test 100k again this side of Christmas it likely hinges on rate cuts, a pause next month could see prolonged period before 100k for the digital asset,” said Adam McCarthy, a research analyst at Kaiko.
Despite a weekend rebound, Bitcoin remains about 30% below its record high last month, and it’s unclear how long the recovery will hold without stronger tailwinds. Open interest in perpetual futures has yet to bounce back, lingering 36% below its October peak of $94 billion.
Investors have withdrawn more than $3.5 billion from a group of US-listed Bitcoin exchange-traded funds, vehicles that have emerged as a major driver of the token’s price since their debut. A sustained reversal of those outflows has yet to emerge.
“Unlike prior crashes driven primarily by retail speculation, this year’s downturn has unfolded amid substantial institutional participation, policy shifts, and broader macroeconomic headwinds,” Deutsche Bank AG analysts wrote in a note Monday.
A recovery may also be restrained by the pressure on investors who entered the market at higher levels. Realized losses among short-term holders — wallets that have held Bitcoin for less than 155 days — have climbed to $630 million per day, the highest since the June 2022 meltdown, according to Glassnode.
“Such elevated loss realization highlights the heavier top structure built between $106,000–$118,000, far denser than previous cycle peaks,” analysts at Glassnode said in a research note. “Either stronger demand must emerge to absorb distressed sellers, or the market will require a longer, deeper accumulation phase before regaining equilibrium.”
–With assistance from Muyao Shen and Sidhartha Shukla.
Ghosh and Pan write for Bloomberg.

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Stellar’s XLM price is back above $0.24 after briefly dipping toward the $0.22–$0.23 pocket that has triggered some of its sharpest rebounds over the past year.
The move comes ahead of a new catalyst, as Coinbase Derivatives is opening 24/7 XLM futures trading on December 5, a shift that could finally push the asset into deeper, regulated liquidity.
This comes alongside other top altcoins, including ADA, LINK, SUI, BCH, DOT, LTC, DOGE, AVAX, SHIB, and HBAR. Stellar’s inclusion signals something the market rarely discusses: credibility.
U.S.-regulated futures introduce cleaner liquidity and institutional access, reducing reliance on offshore venues like Binance.
XLM price has climbed roughly 4–5% in the last 24 hours, trading around $0.248 after bouncing off its intraday low near $0.235. The support area matters: multiple analysts highlighted that this same range sparked rebounds of 32%, 48%, 53%, and even 138% earlier this year.
Crypto Patel noted that XLM “just tapped the same $0.22–$0.20 zone that triggered multiple major rallies,” pointing to a clean historical pattern of aggressive upside from this base.
$XLM just tapped the same $0.22–$0.20 zone that triggered 32%, 53%, and 138% rallies in the past.

If this area holds again, the next move could be big.@StellarOrg #XLM pic.twitter.com/3xPNz1YL35
Ali Martinez echoed the same level, showing how the XLM price jumped 33%, 48%, and 133% the last three times it tagged $0.23. For now, price behavior is aligning with that historical reaction, even as the broader market remains fragile.
The technical picture is getting louder. Elite Crypto pointed to a repeated falling-wedge formation, almost identical to the structure that launched Stellar XLM’s price into a strong mid-year rally.
The current wedge is testing its breakout zone again, and if history rhymes, the analyst sees room for a 100% leg higher.
The broader backdrop adds weight. XLM’s price is still down more than 70% from its 2018 all-time high of $0.9381, but daily volume jumped by more than 38%, hinting that dip buyers are paying attention.
READ MORE: Crypto Rally Emerges as Liquidations Plunge: Is This a Bull Trap?
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Sentiment remains muted in cryptocurrency markets amidst uncertainty surrounding the Federal Reserve’s interest rate decision as well as macro-economic data points. Extreme fear dominates market sentiment amidst outflows from BlackRock’s Bitcoin and Ethereum Spot ETF products in the U.S.
According to the CME FedWatch tool, market expectation of a quarter percentage Fed rate cut in December which was 91.7 percent a month is currently at 76.7 percent versus 71 percent on Friday and 42.4 percent a week ago.
Data showed that Bitcoin Spot ETF products in the U.S. recorded inflows of $238 million on Friday versus outflows of $903 million on Thursday. Fidelity Wise Origin Bitcoin Fund (FBTC) topped inflows with $108 million. Market leader BlackRock’s iShares Bitcoin Trust (IBIT) however recorded outflows of $122 million.
The crypto market capitalization is currently at $2.94 trillion, recording an overnight decline of 0.62 percent. The 24-hour trading volume has however increased 28 percent to $135 billion. 43 of the top 100 cryptocurrencies are trading with overnight losses of more than 1 percent whereas 15 of the top 100 cryptocurrencies have added more than 1 percent during the past 24 hours.
Among the top 10 non-stablecoin cryptocurrencies, BNB, TRON, Bitcoin Cash and Hyperliquid are trading with year-to-date gains whereas Bitcoin, Ethereum, XRP, Solana, Dogecoin and Cardano are trading with year-to-date losses.
The weakness in the cryptocurrency market comes amidst a mild decline in the dollar as well as Gold Futures. The Dollar Index which measures the dollar’s strength against a basket of 6 currencies is currently at 100.15 versus 100.18 at the previous close. Gold Futures for February settlement is currently trading at $4,111.80 per troy ounce, implying overnight decline of 0.10 percent.
Bitcoin has lost 0.82 percent in the past 24 hours to trade at $85,963.37. The current price is around 32 percent below the all-time high of $126,198.07 recorded on October 7. The original cryptocurrency is grappling with losses of 8.7 percent on a weekly basis and 8 percent on a year-to-date basis.
Ethereum shed 8.4 percent overnight to trade at $2,802.35. With prices declining 43 percent from the all-time-high, the leading alternate coin is saddled with weekly losses of 10.2 percent and year-to-date losses of 15.9 percent.
Ethereum Spot ETF products witnessed inflows of $56 million on Friday versus outflows of $262 million on Thursday. Fidelity Ethereum Fund (FETH) topped with inflows of $95 million. Market leader BlackRock’s iShares Ethereum Trust ETF (ETHA) however recorded outflows of $54 million.
Bitcoin continues to be ranked 8th and Ethereum 44th in the global ranking of all assets as per market capitalization published by companiesmarketcap.com.

4th ranked XRP gained 1.4 percent overnight lifting its current trading price to $2.07.
5th ranked BNB shed 1.5 percent overnight resulting in price decreasing to $834.15.
The price of 7th ranked Solana declined 1.3 percent overnight to $129.48.
TRON ranked 8th overall added 0.72 percent overnight and is currently changing hands at $0.2768.
9th ranked Dogecoin edged up 0.14 percent overnight and is currently changing hands at $0.1449.
10th ranked Cardano declined 1.8 percent overnight to trade at $0.4061.
32nd ranked Canton (CC) topped overnight gains among the top 100 cryptocurrencies with a surge of 11.5 percent.
78th ranked Starknet (STRK) topped overnight losses with a decline of 6.3 percent.
For More Cryptocurrency News, visit rttnews.com
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November 21, 2025 10:52 ET
The highlight of this week was the much-awaited jobs report for September that was released after the longest government shutdown in the U.S. history came to an end. Minutes of the latest Fed policy session and the survey data on the manufacturing sector also gained attention. In Europe, inflation data from the U.K. was in focus, while economic output figures for the Japanese economy raised concern in Asia.

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