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Breaking News: Tether Faces Downgrade By S&P Global Amid Concerns Over Disclosure And Assets Holdings
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Breaking News: Tether Faces Downgrade By S&P Global Amid Concerns Over Disclosure And Assets Holdings

XRP, Bitcoin Now In “Good Buy Zone,” Says Analytics Firm

Keshav Verma
Keshav Verma
Last Updated: November 19, 2025 2:00 am
2 mins read
Bitcoin & XRP

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On-chain analytics firm Santiment has revealed how Bitcoin, XRP, and other cryptocurrencies have dropped into a “buy zone” on a popular metric.

MVRV Ratio Shows High Degree Of Short-Term Pain In Bitcoin & Altcoins

In a new post on X, Santiment has discussed how the various assets in the cryptocurrency sector are looking based on the 30-day MVRV Ratio. The Market Value to Realized Value (MVRV) Ratio is an on-chain indicator that measures the ratio between the market cap and Realized Cap for a given coin.

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The Realized Cap here refers to a capitalization model that calculates the asset’s total value by assuming the value of each individual token is equal to the price at which it was last transacted on the blockchain. In short, what this model captures is an estimation for the amount of capital that BTC investors as a whole have invested into the cryptocurrency. The usual market cap, on the other hand, represents the amount holders are carrying today.

When the value of the MVRV Ratio is greater than 1, it means the market cap is greater than the Realized Cap. In other words, the overall network is in a state of profit. On the other hand, an indicator below this threshold implies the dominance of losses among investors.

In the context of the current topic, the version of the MVRV Ratio that’s of interest is the 30-day one, tracking the profit-loss balance of the traders who purchased their coins within the past month.

Below is the chart for the metric shared by Santiment that shows the trend in its value for five major cryptocurrencies: Bitcoin, XRP, Ethereum, Chainlink, and Cardano:

XRP, Bitcoin MVRV Ratio
The indicator appears to have plunged for all of the assets in recent days | Source: Santiment on X

As is visible in the graph, the 30-day MVRV Ratio has witnessed a plunge recently as the sector has gone through a bearish shift. Recent Bitcoin buyers are now about 11.5% underwater, while XRP ones are around 10.2%. Both of these are beyond the threshold that the analytics firm classifies as the boundary for a “good buy zone.”

The 30-day investors have suffered even worse losses in the case of Ethereum, Cardano, and Chainlink, being down 15.4%, 19.7%, and 16.8%, respectively. All of these fall inside Santiment’s “extreme buy zone.”

“In a zero sum game, buy assets when average trade returns of your peers are in extreme negatives,” noted the analytics firm. “The lower MVRV’s go, the higher the probability is of a rapid recovery.”

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It now remains to be seen whether market pain has been enough for XRP and others to cause a market rebound, or if more drawdown is coming.

XRP Price

At the time of writing, XRP is floating around $2.18, down more than 11% over the last week.

XRP Price Chart
The trend in the price of the coin over the last five days | Source: XRPUSDT on TradingView
Featured image from Dall-E, Santiment.net, chart from TradingView.com
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Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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