Bitcoin lowest since Oct 2024; Ether and XRP slide

Bitcoin fell to its lowest since Oct 2024, with Ether and XRP declining after spot Bitcoin ETFs launched Jan. 10, 2024 and spot Ether ETFs on July 23, 2024.

Bitcoin dropped to its weakest close since October 2024, marking a fourth straight week of losses. The coin is down about 30% year-to-date and sits roughly 51% below its October 2025 record closing high.

Ether ended the week with a decline greater than 20%, reaching its lowest closing price since April 2025. Ether is down about 45% year-to-date and about 66% below its August 2025 record close.

XRP fell over the same period. Launched in 2012 and associated with the company Ripple, XRP has lost value amid wider market declines.

Spot Bitcoin exchange-traded funds began trading on January 10, 2024, from issuers including Grayscale, iShares, Fidelity, ARK 21Shares, Bitwise and CoinShares Valkyrie. Spot Ether ETFs started trading on July 23, 2024, with offerings from Grayscale, Franklin, Bitwise, iShares and Fidelity.

An index that tracks Bitcoin, Ether and XRP since November 9, 2017 uses a logarithmic scale to compare percentage changes rather than absolute price levels. At the time of reporting, Bitcoin leads that index.

Bitcoin recorded its first transaction in early 2009. Ether launched in July 2015 and runs on the Ethereum blockchain. XRP was issued in 2012 and is tied to Ripple’s payment software.

Market data show sharp declines for these coins this week, with Bitcoin and Ether posting the largest losses and XRP contributing to downward pressure across major cryptocurrencies.

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