XRP ETF Listing Boosts Ripple Price, Coinbase Drives SHIB Derivatives Demand

The crypto market kicks off a new week facing a familiar dynamic: weak liquidity, constant clean-up in derivatives markets, and only a few major players exhibiting noticeable interest. This week’s focus shifts to the impact of XRP ETF listings, with XRP’s listing on NYSE Arca as one of the main catalysts for recent gains. Coinbase also plays a crucial role, especially with its upcoming December dates that directly benefit SHIB holders. Meanwhile, Bitcoin continues to struggle, showcasing a significant 7,149% liquidation imbalance, indicating ongoing pressure from long positions.