Crypto prices today (Nov. 21): BTC falls to $85K, ETH, XRP, SOL dip amid $950M in liquidations

In 2025, OG Bitcoin whales, defined as holders with assets older than seven years, have significantly increased their selling activity, according to analyst Charles Edwards of Capriole Investments. This trend marks a notable shift in the market dynamics as these long-term holders are engaging more actively in transactions, suggesting a potential change in investor sentiment and strategy within the cryptocurrency landscape.

Dogecoin has experienced a significant decline, dropping below the $0.1550 mark against the US Dollar. The cryptocurrency is consolidating losses and may encounter resistance near $0.1560. Following a drop below the $0.150 level, Dogecoin's price has shown bearish trends, with a low recorded at approximately $0.1448. This decline mirrors the broader bearish sentiment affecting major cryptocurrencies like Bitcoin and Ethereum.

BlackRock's IBIT has sold $355 million in Bitcoin, indicating significant outflows from major ETFs. This trend may reflect investor caution and could impact market stability and future cryptocurrency investments.

Ryan Rasmussen, Head of Research at Bitwise, reiterated the firm's prediction that Bitcoin will reach $200,000 by 2026 during a Yahoo Finance appearance. He characterized the current market sell-off as a necessary shakeout in a maturing market rather than a definitive trend break. Rasmussen believes Bitcoin is closer to its bottom and expects it to lead the market upward once conditions improve.

Bitcoin enthusiasts reacted positively to US Treasury Secretary Scott Bessent's attendance at the opening of a Bitcoin-themed bar, interpreting it as a favorable sign for the cryptocurrency's future.

XRP price has entered a new decline, trading below $2.050 and struggling against resistance near this pivot level. The price fell below the $2.00 support level, forming a low at $1.957. Currently, XRP is consolidating losses below the 23.6% Fib retracement level of the recent downward move, indicating a bearish trend.

Ethereum's price has declined below $3,000, testing a low of $2,770. The cryptocurrency is currently attempting to recover but faces resistance around $2,880. A bearish trend line is forming with resistance at $3,050, and if Ethereum settles below the $2,800 zone, further declines may occur.

World Liberty Financial (WLFI) is reallocating funds and confirming user identities following the compromise of several wallets ahead of its platform launch. The company froze affected addresses in September and is verifying ownership before returning assets. WLFI stated that breaches resulted from phishing attacks and exposed seed phrases, not from its platform or smart contracts, and only a small subset of users was impacted.