Crypto Pulse Daily: XRP Turns Bullish Ahead of Nov 18 ETF Launch

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Japan is preparing a stimulus package that will exceed ¥17 trillion. Finance Minister Satsuki Katayama confirmed the scale after meeting Prime Minister Sanae Takaichi, according to Nikkei.  

Crypto experts have started making bullish predictions for the XRP token following recent developments. After Canary Capital’s record-breaking debut last week, Franklin Templeton plans to launch its own XRP ETF on November 18

The Bitcoin price keeps pushing toward deeper zones as sellers test pockets near $92K. The BTC price recently traded close to $95K, and this region now shows hesitation because buyers avoid aggressive action. The Bitcoin Fear and Greed Index also reached new lows and this change places further strain on short-term sentiment.

Ethereum price has dropped, falling over 10% in the past week as bearish sentiment continues. The asset recently failed to hold the $3,200 support level, prompting another downward move. 

Meanwhile,  the overall crypto market witnessed a decrease of 0.5% during the past day. This drop in prices brought the total weekly loss to 8.1%, mainly driven by the withdrawal of institutions’ investments and the fear that had grown. Bitcoin also went through a significant correction, dropping to less than $100,000 and being around $95,000.