[LIVE] Crypto News Today, November 13 – Bitcoin Retests $101K, XRP Price Surges +4% as Hyperliquid Hit by New Attack – Best Crypto to Buy Now?

13-Nov-2025 99Bitcoins

Bitcoin Bitcoin 1.87% Bitcoin Bitcoin BTC Price $99,616.56 1.87% /24h Volume in 24h $62.21B Price 7d Learn more is retesting support near $101,000 after slipping from $103,000, down 0.88% amid growing market anxiety (Fear & Greed Index: 25). Perpetual open interest rose 1.75% to $845 billion, while funding rates jumped 82% and Binance liquidated over $120 million in long positions.

Despite the pullback, ETF inflows and shrinking exchange reserves suggest ongoing accumulation. Analysts still target $114,000 by month-end, prompting traders to ask whether these dips could be a chance to find the best crypto to buy before the next uptrend.

XRP XRP 1.80% XRP XRP XRP Price $2.37 1.80% /24h Volume in 24h $5.73B Price 7d Learn more  gained 4% to $2.50 following progress toward ETF approval: the SEC has cleared S-1 filing delays, the DTCC listed nine tickers, and Ripple continues to expand global adoption. The token has now surged over 400% in 2025, with some analysts setting long-term targets above $100.

Market Cap

Ethereum Ethereum 0.45% Ethereum Ethereum ETH Price $3,246.42 0.45% /24h Volume in 24h $39.17B Price 7d Learn more remains steady at $3,546 ahead of December’s Fusaka upgrade, which will increase blob capacity eightfold and significantly cut Layer-2 transaction costs.

Institutional ETH ETF holdings have reached $13 billion, while new IRS guidance on staking income has boosted investor confidence.

EXPLORE: 20+ Next Crypto to Explode in 2025

Best Crypto to Buy Now: ZORA, STORY, and Meteora Lead Altcoin Gains

As major assets consolidate, several altcoins are showing strong momentum.

  •  ZORA (ZORA) — a Base Layer-2 for NFTs and creator coins — climbed 19.5% to $0.059 amid viral minting activity topping 1.6 million tokens and $470 million in trading volume.
  • STORY (IP), the token powering Story Protocol’s programmable IP ecosystem, rose 6.9% to $3.92 amid growing interest in AI-based licensing following its mainnet launch.
  • Meteora (MET), Solana’s leading DeFi liquidity protocol, jumped 26.9% to $0.506 as its DLMM vaults generated $57 million in annualized revenue.

Recent SEC token classification updates have supported altcoin sentiment, while Solana’s performance and Ethereum’s upcoming upgrade are reinforcing confidence across ecosystems. With open interest near $850 billion, volatility could increase if sentiment shifts. These outperformers—up 573%, 196%, and nearing quarterly highs—could signal the early stages of an altseason.

DISCOVER: Will Winklevoss Twins Successfully Takeover ZCash?

Hyperliquid Exploit: $4.9M Lost in POPCAT Manipulation Attack

An attacker drained 3 million USDC from OKX, distributed it across 19 wallets, and opened $125 million in $HYPE longs on Hyperliquid using $26.28 million in collateral. A fake $20 million buy wall near $0.21 triggered a crash in $POPCAT, dropping the price 43% to $0.12 and causing $63 million in liquidations. The exploit wiped out the attacker’s $3 million but left Hyperliquid’s HLP vault with $4.9 million in bad debt—its largest manipulation loss to date.

The incident mirrors the March 2025 JELLYJELLY exploit, which nearly drained $230 million from the same platform. On-chain data links the attacker’s wallets to Binance and OKX funding sources, renewing concerns about centralized exchange interference.

While unconfirmed, Binance’s quick JELLY perpetual listing and CEO Yi He’s cryptic comment (“might join this race”) added intrigue. The OKX connection now rekindles suspicions that a new round of CEX–DEX competition is emerging.

Bitcoin Falls Below $100K Again — Is More Downside Ahead?

Fatima
By Fatima

Bitcoin (BTC) has slipped back under the psychological $100,000 mark, touching an intraday low of $98,218 after repeated failed attempts to hold support near $101,000. The decline reflects renewed selling pressure as traders weigh weak risk sentiment and fading momentum across major crypto assets.

Key support now sits near $92,400, while resistance remains around $108,000. A decisive daily close below $98,000 could open the door to deeper correction levels last seen in early May. Until BTC reclaims $101,000, technical indicators suggest short-term bias remains bearish — though long-term structure still favors accumulation on dips.

Is Taiwan Bitcoin Reserve Set to Snooker China’s Global Yuan Dreams?

Fatima
By Fatima

Taiwan is preparing to release a report on its Bitcoin holdings, indicating that officials are considering whether the country should follow the United States in establishing a Taiwan Bitcoin reserve. Zhuo Rongtai, the Premier of the Republic of China for Taiwan, announced that the government is compiling a report to assess the total amount of Bitcoin confiscated by domestic agencies.

The report is expected to be issued by the end of 2025, according to Rongtai, during a meeting with the Finance Committee on Tuesday (November 11). When asked about the future of the confiscated Bitcoin, legislator Ge Rujun proposed that the government “hold it unchanged” before deciding whether to liquidate the assets or incorporate them into a strategic reserve.

Market Cap

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Binance Accused of Coordinated POPCAT Market Attack on Hyperliquid

Fatima
By Fatima

Early yesterday (November 12), a coordinated attack on Hyperliquid resulted in nearly $5M being wiped out from the protocol’s Hyperliquidity Provider (HLP) vault. An anonymous trader used $3M in capital to manipulate the POPCAT market, triggering cascading liquidations.

Binance and its founder, CZ, were quickly accused of being behind the attack, with CZ quickly moving to distance himself from the situation, stating, “I have not used any other CEX for 8 years.”

HYPE Hyperliquid Hyperliquid 2.56% Hyperliquid Hyperliquid HYPE8 Price $37.04 2.56% /24h Volume in 24h $235.49M Price 7d Learn more is down -4% today as fear surrounding the situation ramps up, with analysts saying the attack shows that those with deep enough pockets can financially disrupt the Hyperliquid platform.

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Dubai Freezes $456M in TrueUSD Reserve Dispute Linked to Justin Sun

Fatima
By Fatima

A judge in Dubai has ordered a worldwide freeze on $456 million in assets linked to a bailout of the stablecoin TrueUSD, placing Justin Sun and his network under renewed scrutiny. The Dubai Digital Economy Court issued the order after TrueUSD’s issuer, Techteryx Ltd., reported that someone diverted funds instead of keeping them as liquid reserves backing the token.

How the Reserve Shortfall Emerged

Court filings show that Techteryx expected the funds to remain in cash or short-term, highly liquid assets. Instead, approximately $456 million was allegedly redirected into a series of illiquid investments through Aria Commodities DMCC, a Dubai‑based trading firm.

The transfers reportedly took place between May 2021 and March 2022. They involved sectors far removed from stablecoin reserve management, including heavy industry, mining projects, and port infrastructure. The court cited gaps in authorisation and oversight as grounds for imposing a freeze, noting a genuine risk that the assets might not be recoverable without intervention.

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Solana Company Will Tokenize Its Nasdaq Shares on Solana

Fatima
By Fatima

Solana Company, which trades on Nasdaq under the ticker HSDT, has revealed that it will tokenize its publicly listed shares using a platform called Opening Bell, developed by Superstate. This move lets investors hold their shares in token form on the Solana blockchain, merging traditional equity ownership with blockchain technology in a way that’s designed to bring real-time access and more flexibility.

Tokenized Shares That Don’t Lose Their Legal Backing

The tokenized HSDT shares will still be SEC-registered, so nothing changes in terms of legal protections or shareholder rights. The only difference is that investors will be able to hold these shares in crypto wallets and trade them beyond regular market hours.

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The post [LIVE] Crypto News Today, November 13 – Bitcoin Retests $101K, XRP Price Surges +4% as Hyperliquid Hit by New Attack – Best Crypto to Buy Now? appeared first on 99Bitcoins.

Also read: Here’s Why Ethereum Fusaka Upgrade Might Trigger The Next Explosive Leg Up For ETH
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