XRP spot market sees a $2.5 billion imbalance in favor of sellers
Selling pressure on XRP has intensified noticeably in both the spot and futures markets. Since September 23, the estimated Cumulative Volume Delta (CVD) on centralized crypto exchanges has fallen from −$400 million to −$2.9 billion, according to data from CryptoQuant. As a result, the cumulative imbalance between aggressive selling and buying has worsened by approximately $2.5 billion.
🔸Bitcoin's price fell below $74,000, and positions totaling $178 million were liquidated in the cryptocurrency market over the course of an hour, as US consumer price index data for October came in higher than expected.#BitcoinFiveWeeklyLosses
Litecoin is still running, but investors are leaving: what’s happening to one of the oldest cryptocurrencies
In October, the cryptocurrency Litecoin turned 15, but its anniversary came during a weak period for LTC. On November 8, the cryptocurrency traded at around $52, ranked 25th by market capitalization, and had lost about 48% of its value over the year. Its price was down about 87% from its all-time high of over $410.
🔸President Donald Trump linked the election results to the stock market losing $3 trillion in a single day and promised that the U.S. would come back “even bigger and stronger than ever before.”#CPITestsDecemberRateOutlook
Democrats’ U.S. victory sends AI infrastructure and memory-maker stocks tumbling
The Democrats’ victory in the U.S. midterm elections split the tech sector. While the broader market rose in response to the result, some AI stocks moved in the opposite direction. The Nasdaq-100 gained 1.14% to close at 28,500, rebounding after an overnight sell-off that briefly sent futures down more than 2%.
🔸Futures on U.S. stock indices have fully recovered their losses and moved into positive territory. The market is currently seeing a broad post-election reversal.
Bitcoin and Ethereum have staged a powerful V-shaped recovery amid preliminary U.S. election results.
Bitcoin is up 3.65% from its local low, once again holding above $78,000. ETH has gained 4.57% and is trading around $2,320.
Earlier, both assets fell amid pre-election uncertainty, but quickly bounced back as soon as the Democrats took a confident lead in both the House of Representatives and the Senate.#Write2Earn!
The number of XRP wallets increased by 7,934 in one day. Will the token price rise?
The XRP network saw an unexpected surge in activity. According to Santiment, 7,934 new wallets appeared on the XRP Ledger. This is the sixth-largest daily figure in 2026. Notably, the surge came last Sunday, when activity on crypto networks is usually low. The average daily increase had previously hovered around 3,500 wallets, meaning the figure for November 1 was more than double the norm.
🔸Democratic candidate Gina Hinojosa took an early lead in the Texas gubernatorial election, triggering an immediate reaction from the tech sector. Nasdaq futures plunged 2%. Hinojosa’s main initiative is to completely halt the expansion of existing data centers and the construction of new ones in the state.
Texas currently accounts for about a third (33%) of all data centers under construction in the United States. A potential block on their development threatens the infrastructure plans of the biggest tech companies and the rollout of new AI capacity.#Write2Earn #USMidterms-WhatAreMarketsExpecting?
🔸“I wasn’t on the ballot, but if I had been, we would have won by a LANDSLIDE,” Donald Trump commented on the Republicans’ defeat in the election.#TRUMP #USMidterms-WhatAreMarketsExpecting?
🔸The U.S. elections are over. The market reacted several hours ago.
The Democrats scored a sweeping victory across the board: Republicans lost control of the House of Representatives and the Senate.
In Texas, the races for the U.S. Senate and governor are shifting to the Democrats for the first time since 1988 and 1990, respectively.
The key issue for voters is affordability. The energy crisis has worsened the affordability crisis, triggered another rise in interest rates, and accelerated the K-shaped economy.
Oil in the U.S. has traded above $100 per barrel for 46 days so far in 2026.
🔸Bitcoin (−11.7%) and gold (−10.2%) are the two major assets with the worst performance since the beginning of 2026. Nothing like this has been observed in any previous calendar year.#Write2Earrn