Crypto Market Update Nov 18: Why SOL & XRP Fell More Than Bitcoin?

Crypto Market Update Today: Key Listings Events, Regulations, BTC Buys

Overall Crypto Market Update:

• The global cryptocurrency market cap stands at $3.2 trillion, marking a 2.6% decline in the last 24 hours.

• Daily trading volume reached $212 billion

• Bitcoin remains the leader with a 57.1% dominance, while Ethereum holds a 11.4% share.

• A total of 19,433 cryptocurrencies are currently being tracked.

• The largest gainers in the industry are Polkadot and XRP Ledger Ecosystem.

Major Crypto Events Today

Source: Forex Factory

24 Hour Crypto Market Update

Bitcoin (BTC) and Ethereum (ETH) Price:

• Bitcoin is currently priced at $91809, representing a 3.39% fall in the past 24 hours. With $95 billion in trading volume and a $1.83 trillion market cap.

• Ethereum trades at $3023, dips 3.61% in the last 24 hours, with a $364 billion market cap and $40 billion in trading volume.

Top 5 Trending Coins in 24 Hours:

• Bitcoin is trading at $91,709.25, down 3.37% with a TV $96.83B.

• RCADE is priced at $0.00001897, losing 6.79% and shows TV $1.67M.

• Ethereum stands at $3,021.58, falling 3.4% with $42.06B in TV.

• Solana trades at $131.74, down 5.12% supported by $7.3B in TV.

• XRP is priced at $2.14, dropping 3.97% with a TV $6.14B.

Top 3 Gainers:

• ICP (Internet Computer) climbed 18.35% to $5.82 with a trading volume of $643.67 million.

• Filecoin (FIL) rose 9.12% to $2.14, with a trading volume of $594.15 million.

• Uniswap (UNI) gained 2.19% to $7.44, supported by a $1.02 billion trading volume.

Top 3 Losers:

• Starknet (STRK) fell 18.14% to $0.1774 with a $487.5M trading volume.

• Pump.fun (PUMP) dropped 16.86% to $0.002837 with $313.4M in trading volume.

• Zcash (ZEC) declined 11.97% to $618.53 with a $2.04B trading volume.

Stablecoins and Defi Update:

• Stablecoins hold a market cap of $310 billion with $164 billion in trading volume, representing no change.  

• The DeFi market cap stands at $115 billion, down 2% in the last 24 hours, with a trading volume of $8.7 billion. DeFi dominance remains at 3.6%.

Fear and Greed Index Today

Source: Alternative Me

Today’s Bitcoin Fear & Greed Index shows Extreme Fear at 11, reflecting sharp anxiety. Prices have dropped rapidly, liquidity has thinned, and traders are reacting to recent volatility, macro uncertainty, and heavy sell-offs. The sentiment highlights cautious behavior and risk aversion across the crypto space.

Latest Market News Today

1. El Salvador Adds Over 1,000 BTC in a Week

El Salvador’s Finance Ministry reports the country added 1,098.19 BTC this week, raising holdings to 7,474.37 BTC worth about $685 million, after purchasing 1,121.19 BTC over 30 days.

2. BitMine Reveals $11.8B Holdings as Tom Lee Predicts Long Rally Ahead

BitMine Immersion reported $11.8B in assets, including 3.56M ETH—about 2.9% of supply. Chairman Tom Lee said recent weakness stems from tight liquidity but expects the market’s peak in 12–36 months.

3. Strategy Buys Another $835M in Bitcoin

Strategy has purchased 8,178 more Bitcoin for $835.6M, lifting its holdings to 649,870 BTC. With rising prices and steady accumulation, the firm reports a strong 27.8% BTC yield in 2025.

4. Canada Pension Fund Buys Big Into MicroStrategy

Canada Pension Plan Investment Board opened a new MicroStrategy position in Q3 2025, reporting 393,322 shares. The stake was valued at $127 million then and about $80 million now.

5. Forward Industries Moves 1.88M SOL to Coinbase Prime

Forward Industries shifted 1,887,962 SOL worth about $260 million from several stake accounts to a single Coinbase Prime address, Arkham data shows. The transfers may signal sales or simple wallet reorganization.

6. Coinbase Sets TON and SUP Listings

Coinbase will list Toncoin and Superfluid, with SUP-USD trading starting November 17 and TON-USD on November 18, 2025. Trading begins after 9 AM PT, depending on liquidity conditions.

7. Vitalik Unveils Kohaku Privacy Framework at Devcon

Vitalik Buterin introduced the Kohaku privacy framework at Devcon, an Ethereum Foundation project offering modular on-chain privacy tools. It supports opt-in wallet privacy and may integrate mixnets and ZK-enabled browsers.

8. White House Reviews CARF Crypto Data-Sharing Rules

The White House is reviewing Treasury’s proposed CARF rules, confirming no extra DeFi reporting. The OECD’s global crypto data-sharing system aims to curb offshore tax evasion and begins worldwide rollout in 2027.

9. Cboe to Launch New 10-Year Bitcoin and Ethereum Futures

Cboe Futures Exchange will launch 10-year “continuous futures” for Bitcoin and Ethereum on December 15, 2025, offering institutions cash-adjusted, perpetual-like exposure with better capital efficiency and CFTC-regulated clearing.

10. Korea Moves to Clarify Digital Asset Rules

At Finternet 2025, Kintsugi’s Harry Kim said South Korea’s new government is prioritizing digital asset regulation, redefining “virtual assets” as “digital assets” to strengthen rules and support growing retail markets.

CoinGabbar’s Opinion

Given the sharp market decline, extreme fear sentiment, and heavy volatility across major assets, short-term investing remains high-risk. However, strong activity in top gainers and continued institutional accumulation suggest long-term opportunities may still exist. Investors should stay cautious, prioritize risk management, and avoid aggressive entries until market sentiment stabilizes.

Disclaimer: This is not financial advice. Please DYOR before investing. CoinGabbar is not responsible for any financial losses.