XRP Price Falls Below $1 Again as Bitcoin Weakens and ETF Outflows Mount

The XRP price has slipped back below the $1 mark, trading at about $0.96 after a 5.2% drop over 24 hours and a 17.5% fall over the past week, according to Yahoo Finance. The move follows a brief dip below $1 in mid-August and comes as Bitcoin and most other altcoins weaken. TradingView data shows the token first fell under $1 on Friday, 13 November, the first time since mid-August.

A sharp slide from early-November levels

XRP was trading near $1.30 at the start of November, according to TradingView, and reached a peak close to $1.60 in the autumn. The token has lost almost 38% from that peak. Yahoo Finance reports that XRP is now about 73.7% below its all-time high of $3.65, reached on 17 July 2025, and is down 47.9% since the start of the year.

Market capitalisation has fallen to about $61 billion, and XRP remains the sixth-largest cryptocurrency, Yahoo Finance said. TradingView reported that the price has now closed in the red for nine days in a row.

Bitcoin and fund flows weigh on the market

Analysts say Bitcoin's direction is central to what happens next. Bitcoin fell below $70,000 on Friday, and Yahoo Finance reports it is down about 17% over the past month, trading near $65,378. Sell-offs in U.S. technology stocks, following the resignation of Nvidia CEO Jensen Huang as reported by TradingView, have added to risk-off sentiment.

Spot XRP exchange-traded funds in the United States have also seen withdrawals. According to SoSoValue, the funds lost $10.42 million on 9 November and $7.62 million on 10 November, had no flows on 11 and 12 November, and recorded net outflows of $18.04 million by 13 November. Total net assets stood at $1.16 billion as of 12 November, down from $1.51 billion on 28 October. The Bitwise XRP ETF remains the largest of the five funds, with net assets of $420.29 million.

How this compares with the August dip

In August, XRP closed below $1 on only two days, 14 and 16 August, before rallying 71% to $1.70 within a week as Bitcoin climbed. Yahoo Finance notes that the August dip came on low trading volume, while the test of $1 on 13 November occurred on volume of about 140 million, compared with 19.6 million on 16 August. Analysts generally view declines on heavy volume as more likely to continue.

XRP is also trading below its 20-day, 50-day and 200-day moving averages, which Yahoo Finance places at $1.20, $1.33 and $1.26. Because the price has fallen quickly, Yahoo Finance argues that a recovery could be harder this time, since the August rebound was driven largely by Bitcoin.

Mixed signals from on-chain data

Not all indicators are negative. TradingView's weekly chart shows XRP still above its lower Bollinger Band near $0.90, which the platform reads as a sign the token is not in free fall. Separately, Santiment data cited by TradingView shows the number of wallets holding at least 1 million XRP reached 2,147 as of 13 November, the highest count of 2026, and wallets holding at least 10,000 XRP rose by 2,260 over the past 30 days.

What we know so far

XRP is trading near $0.96, below $1 for the second time in three months, with Bitcoin weakness and spot ETF outflows as the main pressures. Analysts point to $0.90 and $0.80 as downside levels to watch if selling persists. Traders will be watching whether Bitcoin stabilises, since that has been the key driver of XRP's recoveries.

Price levels are based on market data reported by the cited outlets and may change quickly.