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Major Bitcoin (BTC) Volatility, Ripple (XRP) Price Collapse, and More: Bits Recap Nov 6

By Dimitar Dzhondzhorov

The sell-off on Wall Street sent shockwaves through the crypto market, triggering sharp declines in BTC, XRP, HYPE, and many more.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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