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Bitcoin rebounds as crypto market sell-off takes a pause: CNBC Crypto World

Name: Bitcoin rebounds as crypto market sell-off takes a pause: CNBC Crypto World
Uploaded: 2025-11-05T20:59:30Z
Description: On today's episode of CNBC Crypto World, major cryptocurrencies get some reprieve from the sell-off that kicked off the month of November. Plus, Ripple says the firm has raised $500 million in funding, lifting its valuation to $40 billion. And, Ripple CEO Bradley Garlinghouse discusses the company's

11/5/2025, 8:59:30 PM

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Economic Summary

Major cryptocurrencies (Bitcoin, Ether, XRP) rebounded modestly today as U.S. equities recovered, with Bitcoin trading just under $104,000 and Ether around $3,436, suggesting short-term correlation with risk asset flows.
Citi analysts attribute the recent crypto sell-off to slowing spot ETF flows and fading risk appetite; on-chain metrics indicate declining Bitcoin whale holdings and rising smaller retail wallet positions, with spot ETF flows labeled the key to sentiment shifts.
Legal developments remain material: a federal appeals panel appeared skeptical about tossing Sam Bankman-Fried's fraud conviction, meaning prolonged legal resolution could keep negative headlines in focus and affect broader industry confidence.
Ripple raised $500 million at a reported $40 billion valuation and is diversifying beyond payments into custody, prime brokerage (Ripple Prime), and corporate treasury services, positioning the firm to capture institutional demand and stablecoin use cases (RLUSD).
Stablecoin opportunity is large: estimates cited range from $750 billion to multiple trillions, and Ripple positions RLUSD for institutional collateral use cases, potentially driving differentiated demand via its prime brokerage integrations.

Bullish

Ripple raised $500M and is expanding into custody and prime brokerage.
Stablecoin market expected to grow substantially, supporting RLUSD adoption.
Bitcoin and Ether showed a modest rebound alongside U.S. equities today.

Bearish

Slowing spot ETF inflows and fading risk appetite sparked a two-day crypto sell-off.
On-chain data show declining Bitcoin whale holdings, reducing large-holder support.
SBF's appeals face skeptical judges, prolonging legal uncertainty for industry reputation.

Bullish tickers

XRPRIPPLEBTC

Bearish tickers

BTCETHFTX

BTC

2 price targets

100000104000

Bullish

Rebounded over 1.5% to just under $104,000, with spot ETF flows and adoption seen as keys to sentiment recovery.

Bearish

Slowing ETF inflows and fading risk appetite led to a two-day sell-off, pushing bitcoin below $100,000.

ETH

1 price targets

3436

Bullish

Climbed slightly to about $3,436 amid a market rebound that paralleled equities.

Bearish

Weak ETF flows and reduced risk appetite pressured crypto broadly, undermining Ether momentum.

XRP

Bullish

Ripple's $500M raise and product expansion (custody, prime brokerage, RLUSD) support XRP ecosystem growth and institutional use cases.

Bearish

Regulatory and political shifts across the U.S. could still create uncertainty for XRP adoption despite recent legal wins.

RIPPLE

Bullish

Raised $500M at a reported $40B valuation and is expanding into custody, prime brokerage, treasury management, and stablecoins.

Bearish

Growth depends on continued regulatory clarity and successful execution against competition in stablecoins and institutional services.

FTX

Bearish

Appeals court skepticism makes it unlikely SBF's conviction will be easily overturned, extending legal and reputational fallout.

People mentioned

Sam Bankman-FriedAlexandra ShapiroBrad GarlinghouseMonica LongLiz NapolitanoTalia KaplanDonald TrumpGary Gensler