Bitcoin, XRP & Crypto – European Wrap 20 November
Bitcoin (BTC) price steadies near $92,000 at the time of writing on Thursday, holding firmly above the key psychological level of $90,000 — a zone that could support a short-term recovery if preserved. Market sentiment improved slightly after US-listed spot Bitcoin Exchange Traded Funds (ETFs) recorded a mild inflow of over $75 million on Wednesday, breaking the streak of withdrawals since November 12. Meanwhile, on-chain data suggests Bitcoin may be undervalued and poised for a near-term bounce.
XRP fell 3.6% amid heavy selling, breaking the critical $2.15 support level before stabilizing above $2.11.
Despite no major catalysts, broader crypto market weakness and Bitcoin’s ‘Death Cross’ contributed to XRP’s decline.
Bitcoin (BTC) is…
