XRP, Dogecoin, and Cardano are facing heavy losses as November’s market downturn accelerates. With the global crypto market cap falling from $4.28 trillion to $3.27 trillion, major altcoins have dropped below key support zones, signaling a strong continuation of bearish momentum.
Bitcoin and Ethereum Deepen Market Fear
Bitcoin and Ethereum have also suffered steep declines, adding pressure across the entire crypto landscape. Bitcoin is trading at its lowest levels since June 2025, turning November into one of the most difficult months of the year. After peaking in October, the market has entered a sharp correction, pushing the Crypto Fear & Greed Index down to 15, indicating extreme fear.
The selloff is being amplified by weaker U.S. labor data, uncertainty surrounding upcoming Federal Reserve rate cuts, and billions in outflows from Bitcoin ETFs. Bitcoin recently hit a five-month low, and liquidations surged to $970 million, prompting traders to act cautiously as the risk of further losses increases.
XRP Price Drops Nearly 9% as Bears Take Control
XRP has fallen 8.88% in the past 24 hours to $2.28, breaking below a crucial Fibonacci support at $2.30. The decline continues despite the recent launch of the first spot XRP ETF, which initially raised hopes for renewed momentum.
More than 149 million XRP, worth roughly $336 million, exited centralized exchanges within a day, adding to selling pressure and highlighting deeper market weakness.
Dogecoin Extends Losses Amid Market Anxiety
Dogecoin slipped 8% in the last 24 hours, now trading at $0.1612. Broader macro fears—especially concerns about a possible U.S. government shutdown—have intensified bearish sentiment.
Although DOGE remains slightly above a former resistance zone that recently turned into support, ongoing weakness may push the token toward lower levels as sellers continue to dominate the trend.
How Low Could Cardano Fall Next?
Cardano (ADA) dropped 9.3% over the last day, falling to $0.5081 in line with the broader market correction. The next major support sits at $0.50. If ADA breaks below this level, price could decline toward $0.45, a zone where buyers may attempt to step in.
Conclusion
XRP, DOGE, and ADA remain under intense downward pressure as the entire market weakens. Each altcoin has already fallen through key support levels, and continued bearish sentiment could drag prices even lower in the coming days.
