Flipster Crypto Weekly (November 14)

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Flipster Crypto Weekly (November 14)

BTC breaks below $100K as selloff accelerates

November 14, 2025

BTC fell below the key $100K support after multiple failed attempts to reclaim the $105K–$110K zone. ETH broke lower toward the $3.2K range, with Bitcoin dominance holding around 60% as traders de-risked into majors. Shutdown uncertainty, weak earnings reads, and stablecoin-related stress across DeFi kept liquidity thin, amplifying the downside move.

ETF & Institutional Flows Heat Up

  • XRP stole the flow narrative: Canary Capital’s spot XRP ETF (XRPC) debuted with $58M in day-one volume, surpassing Bitwise’s SOL ETF launch. The DTCC now lists five XRP ETFs across active & pre-launch categories, raising expectations for SEC action.

  • Circle’s stock fell 13% after its first earnings release. Revenue grew, USDC supply doubled, but rising operating costs and declining reserve yields spooked markets. Filings also confirmed early plans for an ARC token tied to Circle’s native chain.

  • BlackRock’s BUIDL is now accepted as collateral on Binance, tightening the link between tokenized Treasuries and trading demand.

Protocols & Governance: High-Impact Shifts

  • Uniswap dropped its biggest update in years. The proposed “UNIfication” plan activates the long-awaited fee switch, merges Uniswap Labs + the Foundation, and introduces a UNI burn mechanism. UNI rallied nearly 30% on the news.

  • Aerodrome and Velodrome will merge into a single Base-chain DEX.

  • Aave announced zero-fee ramping for GHO and major stablecoins across Europe to drive adoption and liquidity.

Shockwaves in DeFi & Market Structure

  • Stream Finance’s $93M loss continues to create second-order damage: Elixir will sunset deUSD, redeeming holders 1:1 in USDC through a claims portal as synthetic stablecoins unwind.

  • China accused the U.S. of stealing $13B in hacked bitcoin, adding geopolitical stress to an already fragile macro setup.

  • Coinbase cancelled its planned $2B acquisition of BVNK, while Perp DEX Lighter raised $68M at a $1.5B valuation.

Market Outlook

Shutdown negotiations lifted risk assets mid-week, but momentum quickly faded as doubts resurfaced. CPI is on deck, keeping volatility elevated and liquidity thin. With macro signals pulling in opposite directions, the next move hinges on how fast markets price in political and inflation risk.

Where does this swing next: relief bounce or deeper pullback?

Trade the volatility on Flipster.

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