ETF 4 October 2025 - 20 November 2025

After a roller-coaster month, XRP has regained some stability around $2.35 as of Oct. 18. The past week epitomized crypto volatility: on Oct. 10, Ripple’s token cratered by nearly half its value in hours, falling from the mid-$2.80s to roughly $1.64 at the lowsts2.techts2.tech. The sudden crash – among the steepest of any major crypto this year – was triggered by shockwaves from traditional markets. That day, U.S. President Trump’s abrupt threat of 100% tariffs on Chinese goods sent investors scrambling out of risk assets, pummeling equities, commodities and cryptocurrencies aliketrefis.com. XRP, which had been outperforming earlier in the month, was hit especially hard as cascading liquidations of leveraged positions exacerbated the downturntrefis.com. Exchange data show nearly $19 billion in crypto futures positions were wiped out across the market during the sell-offcoindesk.com, illustrating how one macro surprise can ricochet through highly-levered crypto markets.