Bitcoin, XRP and Solana Sit Far Below Record Highs as 200-Day Averages Come Into Focus

Bitcoin, XRP and Solana all slipped this week, and the scale of their distance from their record highs is now the central fact about all three assets. Each would need a very large gain to return to its all-time high, measured not in single digits but in tens or hundreds of percent. Bitcoin needs a 66.17 percent gain to retake its record of $126,080. XRP would have to climb about 215 percent from its price of $1.16. Solana would need roughly 227 percent from its price of $89.82.

Bitcoin XRP Solana Below All-Time Highs: The Scale of the Gap

The headline figures for Bitcoin XRP Solana below all-time highs are striking, and they are worth setting out together so the scale of the gap is clear. Bitcoin needs a 66.17 percent gain to retake its all-time high of $126,080, from its price of $75,876 on November 7. That price is 39.8 percent below the record, and the two figures are consistent: a fall of 39.8 percent from $126,080 leaves a price of about $75,876, and a rise of 66.17 percent from that price returns the asset to $126,080. A 40 percent fall needs a rise of about 67 percent to recover, and that is the position Bitcoin is in.

XRP and Solana face a much steeper climb. XRP would have to rise about 215 percent from $1.16 to return to its record, which implies a record price of roughly $3.65, and Solana would need roughly 227 percent from $89.82, which implies a record of roughly $294. The figures describe a long road back, not a quick bounce. The comparison is also informative: Bitcoin’s required gain of 66.17 percent is large, but far smaller than the gains of more than 200 percent required by XRP and Solana, reflecting that Bitcoin has fallen less far from its record in percentage terms, even though its dollar fall, more than $50,000, is far larger in absolute terms.

Bitcoin’s Week: A Fall Below $76,000 and a Seven-Week Low

Bitcoin’s week was defined by a fall below $76,000, a touch of a seven-week low, and a modest recovery that still left the asset lower on the week. Bitcoin traded at $75,876 on November 7, 39.8 percent below its all-time high, and ended the week 2.1 percent lower. It fell below $76,000 on November 5, touched a seven-week low near $75,200, and then recovered to about $75,200. That last pair of figures needs to be flagged with care, because the source reports both the low and the recovery level as about $75,200, which is an odd pairing: a recovery to the same level as the low would not be a recovery in the usual sense. This article reports the figures as given, without inventing a different recovery level, and readers should be aware that the source wording on this point is unclear. What is clear is that Bitcoin ended the week lower, that it had fallen below $76,000 during the week, and that its seven-week low was near $75,200.

Bitcoin’s 200-day moving average stood at $73,197, below its price of $75,876 on November 7, leaving Bitcoin about $2,679 above its long-term average, a small but real source of support in the technical picture.

Bitcoin’s market capitalisation, roughly $1.53 trillion, is the other figure framing its position. That size matters for how far Bitcoin would have to climb to retake its record, because a larger market value means more new money is needed to move the price by a given percentage. Analyst Sam Daodu of the 24/7 Wall St. Crypto Desk made this point directly, highlighting that Bitcoin’s larger market capitalisation means it requires significantly more investment for each percentage point of gain than XRP or Solana.

XRP: A Careful Reading of a Confusing Set of Figures

XRP’s position requires a careful reading, because one figure supplied about it is worded in a way that does not fit the other numbers. XRP was priced at $1.16, and the report states that it was 47.5 percent below its one-year low of about $0.99 reached on August 16. That wording is odd, and it should be flagged rather than repeated without comment: a price of $1.16 is above a low of $0.99, not below it, so a price cannot be 47.5 percent below a level that is lower than the price itself. The source also states, in the same passage, that XRP is 37 percent below its start-of-year level, and this article presents that figure as the clearer statement of XRP’s position over the year, while noting the inconsistency in the one-year low wording. Readers should treat the 47.5 percent figure with caution, and rely on the other figures in the report as the more reliable guide to where XRP stands.

Those other figures paint a clear picture. XRP’s market capitalisation was about $73.76 billion, a figure that makes it a large asset in its own right but far smaller than Bitcoin’s roughly $1.53 trillion. Its 200-day moving average stood at $1.27, above its price of $1.16, and that position is the opposite of Bitcoin’s: XRP was trading below its long-term average, while Bitcoin was trading above its own.

The size of the gain XRP would need to retake its record, about 215 percent from $1.16, is the figure that best captures its position. The report does not offer a timetable for such a move, and none is offered here.

Solana: The Steepest Fall Over Five Years

Solana’s figures are the most striking for the length of the decline they describe. Solana traded at $89.82, 22.7 percent lower than 30 days earlier and 27.9 percent below its year-to-date level. Those two figures show a fall that has been both recent and sustained: a drop of nearly a quarter in a single month, and a drop of more than a quarter since the start of the year. Over five years, Solana has fallen 64.2 percent, the steepest decline among the three assets over that period.

Solana’s 200-day moving average stood at $88.96, just below its price of $89.82. That position is very close to the average, with a gap of less than a dollar, and it means Solana was trading just above its long-term average at the time of the report. That is a different position from XRP, which was below its average, and from Bitcoin, which was comfortably above its own. The 30-day and year-to-date falls add a shorter-term dimension, showing the decline has continued into the recent past rather than being a matter of distant history.

200-Day Moving Average Crypto Levels and the ETF Flow Backdrop

The 200-day moving average crypto levels for the three assets, taken together, give a compact summary of where each one stands against its own long-term trend. Bitcoin’s average was $73,197, below its price of $75,876. XRP’s average was $1.27, above its price of $1.16. Solana’s average was $88.96, just below its price of $89.82.

The backdrop to the week’s moves includes the flow of money through spot Bitcoin ETFs, and the figure reported here is the same one appearing in the wider coverage of the week. Spot Bitcoin ETFs recorded a net outflow of $430.2 million on November 5, a figure that shows money leaving the funds on that day. I/O Fund analyst Beth Kindig noted on X that the dollar is back in an uptrend and yields are climbing, a comment that connects the crypto market to the wider financial markets, where a stronger dollar and higher yields are often seen as headwinds for assets such as Bitcoin.

The year-to-date figure for Bitcoin adds further context. Bitcoin was down 13.4 percent year to date, which means that, despite its record high of $126,080 and despite its large market capitalisation, the asset had lost more than an eighth of its value since the start of the year. The report also notes the two paths that could follow: a continuation of ETF outflows could see the price revisit $75,200, while sustained inflows might push it above its 20-day average of $79,956. Those are presented as possibilities tied to fund flows, not as certainties.

FAQ

How far is Bitcoin below its all-time high?

Bitcoin traded at $75,876 on November 7, 39.8 percent below its all-time high of $126,080, and it needs a 66.17 percent gain to retake that record. Its 200-day moving average stood at $73,197 and its market capitalisation was roughly $1.53 trillion.

How far are XRP and Solana from their records?

XRP would have to climb about 215 percent from $1.16 to return to its record, while Solana would need roughly 227 percent from $89.82. XRP’s 200-day average was $1.27 and Solana’s was $88.96, with Solana trading just above its average and XRP trading below its own.

What are the 200-day moving average crypto levels for the three assets?

The 200-day averages were Bitcoin $73,197, XRP $1.27, and Solana $88.96. Bitcoin was above its average, XRP was below its average, and Solana was just above its average at $89.82.

Why is the XRP one-year low figure flagged in this article?

The source states XRP was 47.5 percent below its one-year low of about $0.99 reached on August 16, but $1.16 is above $0.99, so that wording cannot be correct as stated. This article reports the figure as given, flags the inconsistency, and relies on the clearer statement that XRP is 37 percent below its start-of-year level.

What could move Bitcoin next, according to the report?

A continuation of ETF outflows could see the price revisit $75,200, while sustained inflows might push it above its 20-day average of $79,956. Spot Bitcoin ETFs recorded a net outflow of $430.2 million on November 5, and I/O Fund analyst Beth Kindig noted that the dollar is back in an uptrend and yields are climbing.

Source: DomainFork

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