XRP touches $0.89, lowest since Nov 2024, amid crypto sell-off

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XRP joined a broader crypto sell-off, briefly touching about $0.89 as liquidity fell and momentum turned negative. The level approaches late 2024 prices. The move was not caused by a network failure or a specific legal ruling. The latest price reference comes from November 15 reporting and can shift with market conditions.

A broad sell-off is hitting altcoins hardest

CoinDesk reported a low near $0.89 and a quarterly decline of about 36% at the snapshot. Bitcoin and Ether were also under pressure: the pattern indicates system-wide risk reduction rather than an XRP-specific confidence shock. Altcoins tend to move more because order books are thinner, marginal buyers are fewer and leveraged positioning is sensitive to sentiment shifts. Deleveraging into weak liquidity magnifies percentage moves.

Fund flows offer a more nuanced picture

US XRP ETFs saw roughly $19.13 million in net weekly withdrawals, while cumulative inflows since the November 2025 launch remained near $1.5 billion. A negative week signals short-term caution, while longer-term inflows show prior allocation through regulated products. Key watchpoints: whether outflows persist and whether spot demand weakens. ETFs represent one channel, not a complete view of holders’ behavior. The wider Bitcoin ETF outflow trend covered by NewsBTC indicates the retreat extends beyond XRP.

Network development and token price are different questions

Market price does not equal network progress. Teams can ship features during risk-off periods, just as rallies can occur without usage gains. The XRP Ledger’s work on quantum-resistant accounts, covered by NewsBTC, is a long-term technical initiative with its own timetable. Separate assessments: capabilities, adoption and liquidity versus broader risk appetite.

The next useful signals are not just chart levels

Focus on confirmation of demand returning: rising spot volume on recoveries, steadier derivatives funding and improving ETF flows. A continued contraction in stablecoin supply across crypto would argue the opposite. Core takeaway: the drop reflects deleveraging and liquidity withdrawal. Until clear evidence shows those pressures easing, pinpointing a bottom is speculation.