Altcoin Weakness Deepens as ETH Holds Near $2,000 and XRP Slips
Ethereum tests the $2,000 area while XRP, Zcash and Hyperliquid face losses, although Jupiter rebounds.
Ethereum tests the $2,000 area while XRP, Zcash and Hyperliquid face losses, although Jupiter rebounds. Ethereum (ETH) is trading at $2,053.89, up 0.3% since this brief published. This is an original TLT brief based on reporting by The Crypto Basic, with live market data added, as of Wed, 11 Nov 2026 13:30:04 UTC.
The selloff spans major assets and decentralized-finance platforms, putting ETH's $1,850 support area and the stability of network-based liquidity in focus.
- ETH trades at $2,048.29 after an 11.77% weekly decline
- XRP fell 17.84% over seven days to $1.055
- Both outlets cite a 10% Zcash decline
- DeFiLlama shows Hyperliquid TVL down 9.5% in seven days
- Ethereum Slips as Technical Weakness Meets Renewed Institutional Attention
- Altcoin Weakness Deepens as ETH Holds Near $2,000 and XRP Slips — this brief
The Crypto Basic and Crypto Daily both frame the market as under pressure, with ETH testing the $2,000 region and Zcash registering a 10% decline. Crypto Daily attributes part of the attention on 
Ethereum to an 11-year-old wallet that transferred 2,155 ETH, adding an on-chain movement to the technical discussion around the asset.
Live pricing shows ETH at $2,048.29, down 2.20% over 24 hours and 11.77% over seven days. Crypto Daily says the token moved below its key moving averages and identifies $1,850 as the support level that now matters, while the wider weekly loss leaves ETH close to the psychological $2,000 area highlighted by The Crypto Basic.
XRP also weakened, trading at $1.055 after falling 2.11% in 24 hours and 17.84% over seven days. The Crypto Basic identifies a fresh 60-day low for XRP, while its broader analysis also covers declines in Zcash and 
Hyperliquid alongside a rebound in Jupiter.
DeFiLlama reports Hyperliquid's total value locked at $1.72 billion, representing a 9.5% decline over seven days. Jupiter's TVL stands at $2.07 billion, down 4.3% over the same period, even as The Crypto Basic describes Jupiter as rebounding; the supplied live data does not include a current JUP token price.
The broader crypto market capitalization is $2.52 trillion and the overall market is flat, contrasting with losses in the highlighted assets. 
Bitcoin is down 0.59% over 24 hours, while the Fear & Greed Index stands at 29, classified as Fear. Attention now centers on whether ETH can hold near $2,000 or move toward the $1,850 area cited by Crypto Daily, alongside whether TVL stabilizes on Hyperliquid and Jupiter.
Since this brief published about 7 hours ago, Ethereum (ETH) has moved from $2,048.29 to $2,053.89 — +0.27%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Ethereum dip to $2,000 by December 31, 2026?
Crowd-implied probability on Polymarket, $63.44K 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 11 13:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 ETH ≈ ₦2.87M (about $2,053.89), down 1.8% over 24 hours. The naira itself trades about 3.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
TLT extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · November 11, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Altcoin Weakness Deepens as ETH Holds Near $2,000 and XRP Sl — questions & answers
What is the latest Ethereum price and weekly performance?
ETH is trading at $2,048.29, down 2.20% over 24 hours and 11.77% over seven days.
What notable Ethereum wallet activity was reported?
Crypto Daily reported that an 11-year-old wallet moved 2,155 ETH as ETH traded below its key moving averages.
How are Hyperliquid and Jupiter TVLs changing?
DeFiLlama shows Hyperliquid TVL at $1.72 billion, down 9.5% over seven days, and Jupiter TVL at $2.07 billion, down 4.3%.
How much is 1 Ethereum worth in naira today?
About ₦2.87M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $2,053.89. The naira price moves with both ETH's US-dollar price and the USDT/NGN rate; use our Ethereum in naira page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.27% since this brief first published — trading at $2,053.89 now versus $2,048.29 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from The Crypto Basic. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.