The U.S. Securities and Exchange Commission has released updated guidelines to help crypto ETF issuers accelerate their filing processes following a backlog from the recent government shutdown. Under the new guidance, registration statements filed without delaying amendments will become effective automatically after 20 days under Section 8(a) of the Securities Act. Bloomberg ETF analyst Eric Balchunas noted that Bitwise's XRP ETF may be among the next funds positioned to advance under the new framework.

Bitcoin dropped below $100,000, trading at $97,100 with a 6% decline in 24 hours. The cryptocurrency failed to break resistance at $107,000 before reversing downward. On-chain data shows significant support clusters at $95,930, $82,045, and $66,900, while whale and miner exchange inflows have accelerated.

Bitcoin is trading at $103,400 with 24-hour volume of approximately $74.5 billion. Analysts are monitoring the 66-week exponential moving average near $94,000, an unfilled CME futures gap, and a potential death cross as the 50-day simple moving average approaches the 200-day SMA. Several technical patterns suggest the cryptocurrency may be nearing a significant support zone.

XRP is trading at $2.46, up 9% over the past week despite a 3% decline in the last 24 hours. Market analysts are closely monitoring the $2.70 resistance level and key moving averages as the token consolidates near recent highs. Technical observers note that a break above $2.70 could open the path toward $3.20, while failure to hold the 55-week moving average might bring $1.90 into play as critical support.

Ethereum declined from $4,960 to approximately $3,000 over three months, echoing a 2020 correction when the asset dropped from $490 to $308 before entering a sustained rally. Analysts are tracking whale activity, key support between $3,000 and $3,100, and resistance near $3,695 as the token recovers above $3,500.

Addresses holding between 1,000 and 10,000 BTC increased their positions by over 10,000 coins within a 24-hour period, data show. The accumulation reverses approximately one month of net outflows from these wallets. Bitcoin has declined nearly 7% over the past seven days and is currently trading below $102,000, with daily trading volume close to $70 billion.