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[LIVE] Crypto Update Today, November 13 – BTC Revisits $101K, XRP Price Jumps +4% as Hyperliquid Faces New Assault – Top Cryptos to Purchase Now?
Bitcoin
1.12%
Bitcoin
Bitcoin
Price
$102,900.28
1.12% /24h
Volume in 24h
$58.52B
Price 7d
is currently testing price floor around $101,000 after a decline from $103,000, down by 0.88% amidst increasing market concerns (Fear & Greed Index: 25). The perpetual open interest upticked by 1.75% to $845 billion, while funding rates have surged by 82%, with Binance liquidating more than $120 million in long positions.
Even with the retracement, ETF inflows and decreasing exchange reserves indicate continued accumulation. Analysts still project a target of $114,000 by the end of the month, leading traders to contemplate if these pullbacks might present an opportunity to identify the optimal crypto to purchase ahead of the forthcoming optimistic.
XRP
0.58%
XRP
XRP
Price
$2.50
0.58% /24h
Volume in 24h
$5.54B
Price 7d
increased by 4% to $2.50 with advancements toward ETF approval: the SEC has expedited S-1 filing delays, the DTCC has listed nine tickers, and Ripple continues to foster global adoption. The crypto token has now experienced a rise of over 400% in 2025, with certain analysts projecting long-term goals exceeding $100.
ETH
0.06%
Ethereum
ETH
Price
$3,493.76
0.06% /24h
Volume in 24h
$38.51B
Price 7d
remains steady at $3,546 in anticipation of the upcoming Fusaka upgrade in December, expected to enhance blob capacity eightfold and drastically lower Layer-2 transaction fees.
Institutional ETH ETF holdings have soared to $13 billion, while updated IRS regulations concerning earning yield revenue have further bolstered crypto holder trust.
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Best Crypto to Buy Now: ZORA, STORY, and Meteora Headline Non-BTC crypto Growth
As primary assets stabilize, a number of altcoins are exhibiting robust upward trends.
- ZORA (ZORA) — a foundational Layer-2 for NFTs and creator tokens — surged 19.5% to $0.059 amidst viral minting activities surpassing 1.6 million tokens and $470 million in trading volume.
- STORY (IP), the token powering Story Protocol’s programmable IP ecosystem, gained 6.9% to $3.92 in light of heightened interest in AI-driven licensing following its mainnet launch.
- Meteora (MET), Solana’s premier Decentralized finance available volume protocol, soared 26.9% to $0.506 as its DLMM vaults produced $57 million in annualized revenue.
Recent updates from the SEC regarding coin classifications have bolstered non-BTC crypto sentiment, whereas Solana’s performance and Ethereum’s forthcoming upgrade are further enhancing confidence across various ecosystems. With open interest close to $850 billion, price swings may rise if trading market sentiment shifts. These standout performers—up 573%, 196%, and approaching quarterly highs—could indicate the initial phases of an altseason.
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Hyperliquid Exploit: $4.9M Lost in POPCAT Manipulation Attack
An assailant siphoned 3 million USDC from OKX, dispersing it across 19 wallets, and opened $125 million in $HYPE longs on Hyperliquid using $26.28 million in collateral. A fabricated $20 million buy wall near $0.21 instigated a crash in $POPCAT, causing a 43% decline to $0.12 and triggering $63 million in liquidations. The vulnerability breach depleted the attacker’s $3 million but left Hyperliquid’s HLP vault with $4.9 million in bad debt—its largest manipulation loss recorded to date.
Someone just manipulated $POPCAT to attack #Hyperliquid, burning through $3M of their own funds — and causing $4.9M in losses for the Hyperliquidity Provider (HLP).
The attacker withdrew 3M $USDC from #OKX yesterday, split it across 19 wallets, and deposited it into #Hyperliquid… pic.twitter.com/lnwsRSspFv
— Lookonchain (@lookonchain) November 13, 2025
The incident resembles the March 2025 JELLYJELLY hack, which nearly drained $230 million from the same platform. On-chain data connects the attacker’s wallets to Binance and OKX funding sources, reviving concerns about interference from centralized exchanges.
While unverified, Binance’s rapid JELLY perpetual listing and CEO Yi He’s ambiguous remark (“might join this race”) have added to the intrigue. The OKX connection now reignites suspicions that a new competitive landscape between CEX and DEX is emerging.
Dubai Freezes $456M in TrueUSD Reserve Dispute Linked to Justin Sun
A Dubai judge has mandated a global freeze on $456 million in assets connected to a bailout of the TrueUSD stablecoin, placing Justin Sun and his protocol under renewed examination. The Digital Economy Court of Dubai issued the order after TrueUSD’s issuer, Techteryx Ltd., alleged that funds were diverted instead of being maintained as liquid reserves for the token.
How the Reserve Shortfall Emerged
Court documents indicate that Techteryx anticipated the funds to stay in cash or short-term, highly liquid assets. Instead, around $456 million was purportedly redirected into a variety of illiquid investments via Aria Commodities DMCC, a Dubai‑based trading company.
The Dubai court froze $456,000,000 associated with @justinsuntron and the TrueUSD stablecoin.
According to the inquiry, the funds that should have been in reserve were utilized for third-party dealings and loans—because of this, the project may face issues with payments to…
— Ibadulla (@ibadylla31) November 12, 2025
The transfers reportedly took place between May 2021 and March 2022. They involved sectors far from those typically associated with managing stablecoin reserves, including heavy industry, mining endeavors, and port infrastructure. The court highlighted lapses in authorization and oversight as reasons for imposing a freeze, pointing to a legitimate risk that the assets might not be retrievable without intervention.
Solana Company Will Tokenize Its Nasdaq Shares on Solana
Solana Company, which trades on Nasdaq using the ticker HSDT, has announced its plans to tokenize its publicly listed shares through a system known as Opening Bell, which is created by Superstate. This initiative allows investors to long-term holding their shares in coin form on the Solana distributed database, effectively blending traditional equity ownership with distributed database technology in a manner that’s intended to provide real-time access and increased flexibility.
Tokenized Shares That Maintain Legal Backing
The tokenized HSDT shares will remain SEC-registered, so there are no changes in terms of legal protections or rights of shareholders. The only distinction is that investors can now hold these shares in crypto wallets and trade them outside of normal market operating hours.
— SolanaFloor (@SolanaFloor) September 16, 2025
The post [LIVE] Crypto Announcement 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.
