Crypto Price Analysis Nov-6: ETH, XRP, ADA, BNB, and HYPE

In the 48 hours after the U.S. midterm elections concluded, crypto markets were highly volatile: Ethereum rose 10% and then erased the gain, ending the week flat and meeting resistance at $2,400. Ripple’s cross-border token XRP closed 6% lower and traded near $1.2, while Cardano’s ADA fell 5% and was set to close a fifth consecutive red weekly candle. Binance Coin dropped to the $690 support level and closed 4% lower after Binance, which experienced the biggest crypto hack in history, reopened withdrawals and roughly $5 billion left the exchange. Hyperliquid’s HYPE, which had rallied to an all-time high of $97, closed 17% lower.