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Gemini Flags Steep Weekly Falls in Zcash, XRP and Ethereum

A market review from Gemini shows double-digit weekly losses across three major altcoins as the broader crypto market remains subdued.

A market review from Gemini shows double-digit weekly losses across three major altcoins as the broader crypto market remains subdued. Ethereum (ETH) is trading at $2,042.99, down 0.1% since this brief published. This is an original TLT brief based on reporting by U.Today, with live market data added, as of Thu, 12 Nov 2026 09:45:02 UTC.

Why it matters

The steep losses highlight concentrated weakness among altcoins even while total crypto market capitalization remains near recent levels. Ethereum, XRP and Zcash also have combined market value of more than $333 billion, making their performance relevant to overall market conditions.

Key takeaways
  • Gemini reported weekly losses of 22.67% for ZEC, 18.89% for XRP and 13.98% for ETH.
  • Live weekly declines are deeper at 24.95% for ZEC, 20.43% for XRP and 15.14% for ETH.
  • Zcash recovered 1.57% over 24 hours, while XRP fell 1.29% and Ethereum 0.64%.
  • Crypto sentiment remains fearful at 28 despite a flat overall market.
The story so far · 5 briefs
  1. NFT Market Sees 35% Weekly Decline Despite Ethereum's Resurgence
  2. Weekly NFT sales retreat 20% as Courtyard leads and Ethereum gains
  3. Zcash Selloff Draws Attention as Bitcoin and Ethereum Trade Muted
  4. Ethereum’s Weekly Drop Deepens as an AI Trading App Gains Attention
  5. Gemini Flags Steep Weekly Falls in Zcash, XRP and Ethereum — this brief

U.Today, citing Gemini, reported that Zcash experienced the largest weekly decline among the three assets reviewed, falling 22.67% over seven days. XRP dropped 18.89% and Ethereum lost 13.98% over the same period, according to the exchange’s published market assessment. The figures identify a broad sell-off across the selected altcoins rather than an isolated move in one token. The live market snapshot differs somewhat from Gemini’s reported weekly figures. Zcash was down 24.95% over seven days, compared with the 22.67% decline cited by Gemini, while XRP was down 20.43% versus 18.89%. Ethereum’s live seven-day loss was 15.14%, compared with the reported 13.98%. No other outlet covered the Gemini assessment, and the supplied information does not explain the differences between the two sets of figures. Short-term trading was comparatively muted. Zcash traded at $986.59 and was up 1.57% over 24 hours, while XRP traded at $1.044 after falling 1.29%. Ethereum stood at $2,045.16, down 0.64% over 24 hours. Their combined market capitalization was approximately $333.10 billion: $250 billion for Ethereum, $66.29 billion for XRP and $16.81 billion for Zcash. The wider market offered little indication of a broad rebound. Total crypto market capitalization was $2.51 trillion, with the overall market described as flat, while Bitcoin was down 0.38% over 24 hours. The Fear & Greed index stood at 28, placing sentiment in the Fear zone. The immediate focus is whether daily selling in XRP and Ethereum intensifies or stabilizes, and whether Zcash’s positive short-term move persists alongside its larger weekly decline.

Market reaction since this brief Live

Since this brief published about 2 hours ago, Ethereum (ETH) has moved from $2,045.16 to $2,042.99 — -0.11%.

$2,043$2,043$2,044$2,045$2,045 published · $2,045 now · $2,043 (-0.11%) Nov 12 07:54 UTC Nov 12 09:46 UTC
BeforeSince publishPublished · $2,045.16
CoinAt publishNowSince publish
ETH$2,045.16$2,042.99-0.11%
XRP$1.04$1.05+0.38%
ZEC$986.59$988.66+0.21%

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.

What this means in naira

At today's peer-to-peer rate, 1 ETH ≈ ₦2.87M (about $2,042.99), down 0.3% over 24 hours. The naira itself trades about 4.0% 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.

$2,042.99 ▼ 0.32%
-0.11% since this brief published
7d -15.14%MCap $249.68BFull ETH data →
XRP
#6
$1.05 ▼ 0.68%
+0.38% since this brief published
7d -20.43%MCap $66.57BFull XRP data →
#11
$988.66 ▲ 1.56%
+0.21% since this brief published
7d -24.95%MCap $16.84BFull ZEC data →
The market when this published · November 12, 2026
Total market cap$2.51T
Bitcoin 24h-0.38%
Ethereum 24h-0.64%
BTC dominance58.9%
Fear & Greed28 · Fear

Gemini Flags Steep Weekly Falls in Zcash, XRP and Ethereum — questions & answers

Which asset had the largest reported weekly loss?

Zcash ranked first, with Gemini’s assessment citing a 22.67% seven-day decline. The live snapshot showed an even larger 24.95% drop.

How did XRP and Ethereum perform over seven days?

Gemini reported weekly declines of 18.89% for XRP and 13.98% for Ethereum. Live figures were 20.43% and 15.14%, respectively.

What is the broader crypto market sentiment?

The Fear & Greed index stood at 28, indicating Fear, while total crypto market capitalization was $2.51 trillion and the overall market was flat.

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 $2,042.99. 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 down 0.11% since this brief first published — trading at $2,042.99 now versus $2,045.16 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 U.Today. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 12, 2026 ⛓ Timestamped at Bitcoin block #975,534 sha256:71bad35cebc3bea4
Based on reporting by U.Today — this is an original TLT summary with live market data, not the original article.U.Today · Nov 12 07:54 ↗

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.