Chain Reaction by Capital Copilot

Market Turbulence as Bitcoin ETFs Bleed and XRP Faces Critical Support Test


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Today we explore the challenging market conditions facing crypto assets as Bitcoin hovers around $87,000 amid significant ETF outflows totaling over $580 million in just two days. XRP breaks below critical support at $2, raising concerns about further downside, while institutional developments paint a mixed picture. We cover Norway's sovereign wealth fund backing Metaplanet's Bitcoin strategy, India's proposed tokenization bill for middle-class investment access, and major platform expansions from Coinbase and Ripple. Plus, regulatory shifts as the FDIC proposes a framework for bank-issued stablecoins and the Fed reverses crypto-restrictive banking policies. Join us as we break down what these developments mean for the crypto market heading into the holidays.
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Chain Reaction by Capital CopilotBy Goose Magazine