According to an analytics report, XRP traded near $2.06 on Friday as social chatter around the token turned sharply negative after a two-month slide of about 30%.

Traders and data firms flagged a sudden rise in bearish messages, a shift from the more mixed views seen earlier this year. The mood has tightened around crypto, and XRP is not immune.

Crowd Mood Shifts To Fear

Based on reports from Santiment, its chart tracks XRP’s price against positive and negative comments and a combined sentiment line that aims to measure crowd feeling.

Recent readings pushed the balance into what Santiment calls the fear zone, where negative talk outweighs optimism. On this same model, Santiment pointed to Nov. 21 as a comparable moment.

Back then, XRP rallied more than 20% over the next three days before gains cooled. That past move is being used as a reference point by traders who watch social signals closely.

XRP (-31% in the past 2 months), unlike Bitcoin, is seeing the most fear, uncertainty, & doubt (FUD) since October, according to our social data.

Circles indicate days where there are abnormally higher BULLISH comments compared to BEARISH comments, about XRP (Greed Zone)… https://t.co/lJNW8zlRwK pic.twitter.com/ZoFmwrtw3h

— Santiment (@santimentfeed) December 4, 2025

Short Squeezes And Reflexive Moves

Extreme pessimism can become a catalyst. When weaker holders sell and shorts pile in, a quick reversal can squeeze sellers and lift price sharply. This is the scenario many are watching: heavy bearish chatter could clear the way for a reflexive rebound if buying pressure appears.

Santiment urged followers to keep an eye on the same dashboard to spot rapid shifts in sentiment, and some traders say the crowd’s mood often leads price in the very short term.

XRP was last reported down about 4% at $2.04, extending a loss of roughly 6% over the past month. The total crypto market value slipped about 1% to $3.22 trillion on the same day, a pullback that has dragged on many altcoins even as liquidity stays concentrated in the largest tokens.

Order books on smaller pairs have thinned and leveraged positions were trimmed, leaving less depth to absorb big moves. Traders also cited uncertainty around upcoming US policy decisions as a factor behind cautious positioning.

Analysts watching the token say it still has room to run toward $2.50 to $2.75 if cross-border liquidity flows pick up and stablecoin projects on the XRP Ledger gain momentum. Reports have disclosed that Ripple has been moving to broaden its institutional reach.

Buy XRP. Stop focusing on any other Crypto Coins

They don’t matter

— Cameron Scrubs (@imcameronscrubs) December 2, 2025

Last month, the firm launched digital asset spot prime brokerage services in the US after acquiring Hidden Road and folding it into Ripple Prime, a combined trading and custody setup for professional clients. That push is being watched as a potential longer-term support for demand.

Despite the FUD surrounding XRP, Cameron Scrubs, founder of Tradeship University, has again urged followers to “buy XRP,” stating that other crypto assets “don’t matter.” In previous posts, he also called to “sell everything and buy XRP.”

Traders are watching these statements closely as sentiment shifts, while on-chain data and social signals are being monitored for indications that the current negative chatter may be starting to ease.

Featured image from Gemini, chart from TradingView

In a strategic move, Tether has shifted its reserve strategy, reducing its exposure to treasuries while increasing allocations to Bitcoin and gold. The USDT issuer has shown a notable reduction in government debt exposure, paired with an expanded position in hard assets known for durability and independence from traditional financial systems. 

Treasury Exposure Drops Amid Changing Macro And Regulatory Landscape

Stablecoin giant, Tether, has reduced its US Treasury holdings and increased its Gold and Bitcoin reserves. CryptosRus reported on X that Tether is quietly repositioning itself for what the company expects to be the Federal Reserve’s (FED) next round of rate cuts.

Related Reading: Rumble At The Core: How Tether Plans To Dominate The US Stablecoin Market

According to BitMex founder Arthur Hayes, Tether’s latest reserve update shows a clear shift away from the US treasuries and deeper into BTC and gold, a sign that the company is positioning for a changing macro environment. Furthermore, the Standard & Poor (S&P) Global noted that Tether is now leaning more heavily into assets with larger price swings in value, warning that this mix could expose USDT if markets turn volatile. Meanwhile, the current S&P Global rating on Tether remains weak.

Thus, Tether CEO Paolo Ardoino has pushed back, saying that the company holds no toxic assets. He claims that its rapid growth reflects a broader shift towards new financial systems that operate outside the traditional banking world.

Why Attempts To Break Tether Are Difficult In Practice

Crypto analyst Ted Pillows has also offered insight into the Tether Fear Uncertainty and Doubt (FUD) as it is making its usual rounds again. The narrative is latching onto the company’s latest attestation, showing a notable shift into Gold and Bitcoin to offset declining interest income. Meanwhile, if these risk assets drop by 30%, Tether’s equity buffer could evaporate, creating an environment where Tether will be insolvent, and panic will kick in.

Related Reading: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

However, Ted is steadfast and believes that Tether has been through a decade of this same FUD, and USDT is still sitting at $1.00. They’re fully liquid, but they operate on a fractional-reserve model, much like traditional banks. As long as redemptions remain normal, everything will work smoothly. A problem will only arise if there’s an irrational panic, and then liquidity stress could hit quickly. 

According to Ted, the USDT isn’t fully backed by cash, but it’s backed by a diverse portfolio that includes the US treasuries, yield-generating assets, and some risk assets. This is all scaled to a massive $174 billion stablecoin. “If someone wants to kill USDT, it’s possible, but I highly doubt it,” Ted noted.

The crypto market rollercoaster took another wild turn-total cap dropped over 4% in 24 hours, and the fears are creeping back. Bitcoin and Ethereum are trying to hold on while altcoins are swinging wildly, with some taking a nosedive that’ll make you do a double take. Hold tight as we break down the chaos, key price moves, and what might happen next-you won’t want to miss these insider insights.

Market Developments

The global cryptocurrency market cap is about $3.42 trillion, reflecting a negative change of roughly -4.1% over the last 24 hours, with mixed sentiments impacting various coins. Bitcoin and Ethereum experienced notable price movements, while altcoins showed substantial volatility and gains led by specific tokens. Some technical and macro factors like dollar strength and market liquidations are influencing price actions. XRP notably dropped 4.73% amid bearish forecasts, signaling volatility.​

The Crypto Fear and Greed Index has decreased to 27 from 37.

Bitcoin (BTC) Price Movement

Bitcoin has traded in a range from approximately $104,140 to $108,317 in the past 24 hours, currently around $103,794 with a -2.5% loss. The market cap stands at about $2.07 trillion. Trading volume for the last 24 hours is substantial, with over 536,000 BTC moved valuing $56.2 billion. Mining activity remains strong with 135 new blocks mined in the last day and median transaction fees very low at 1 to 2 satoshis/vByte.​

Key Bitcoin On-Chain Metrics (Last 24 Hours):

BTCUSD has broken local support levels and is currently fluctuating around $103,500, a key psychological support. A break below this level could trigger a significant downturn or ‘catastrophe.’ Therefore, following the daily chart Sell Short signal at $103,780, we will participate in this potential „catastrophe.”

Ethereum (ETH) Price Movement

Ethereum traded in the last 24 hours near $3,528, with a negative move of about -5.2%. The market cap for ETH is approximately $425.9 billion. Ethereum transactions per day are rising, observing a 5.86% increase to around 1.44 million transactions. Gas fees are moderate, averaging $0.39 per transaction. Institutional interest and upgrades like EIP-4844 continue to support positive momentum.​

Key Ethereum On-Chain Metrics (Last 24 Hours):

In the ETHUSD position, bears are currently stronger and more aggressive. The next potential price target could be the lower Fibonacci retracement level of 0.382. Therefore, consider Selling short At Market while ensuring to protect positions and take profits timely.

Worst Performing Altcoin of the Day

Today, the worst performing altcoin was Gari Network (GARI) with a price drop of approximately -9.06% over the last 24 hours.

Reasons for Current Market Moves

1. Institutional adoption and investment inflows, particularly in Ethereum infrastructure and ETFs.
2. Network upgrades improving transaction speeds and lowering fees (Ethereum’s EIP-4844).
3. Macro factors including dollar strength impacting altcoins differently.
4. Liquidation events impacting Bitcoin price corrections.
5. Speculation and hype around select altcoins and new project launches.

Price Predictions

• Bitcoin is forecasted to trade between a minimum of about $107,930 and a maximum peak near $123,600 in November 2025, with an average price around $115,766. The outlook for December is slightly lower but stable.​
• Ethereum is expected to continue growth supported by institutional interest and tech upgrades, with continued emphasis on Layer-2 scaling solutions.​

High Growth Potential Crypto Projects

• Bitcoin: The Bitcoin network remains fundamental; ongoing miner activity and transaction growth support its dominance.
• Ethereum: Layer-2 scaling projects and institutional adoption, especially with upcoming network upgrades, imply strong upside (e.g., projects around EIP-4844).
• Altcoins: Solana (SOL) is noted for high-speed, low-fee transactions and strong dApp ecosystem growth.
• Another promising altcoin is Gari Network (GARI), showing explosive short-term gains and potential for future growth.​

Conclusion

So, is this the start of a crypto winter or just a quick chill? With bears showing some serious muscle and altcoins playing limbo, it’s clear the market’s got its mood swings-and plenty of popcorn-worthy moments ahead. Stay sharp, protect those positions, and remember: in crypto, what goes down sometimes shoots right back up. Or at least that’s the hope…

Source: Coincentral.com, Tradingview.com, Coinranking.com, Coingecko.com, Coinmarketcap.com

More about Crypto market .

Originally published at https://aipt.lt on November 4, 2025.

Crypto Market Shake-Up: What’s Next After Today’s Sell-Off? was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.