Crypto Market Weakens as US Producer Inflation Hits 6.5%
Ethereum and XRP extended weekly losses while the broader crypto market traded broadly lower amid elevated US producer inflation.
Ethereum and XRP extended weekly losses while the broader crypto market traded broadly lower amid elevated US producer inflation. Ethereum (ETH) is trading at ₹1,82,278 ($1,937.35), up 0.7% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Fri, 13 Nov 2026 18:45:01 UTC.
The combination of rising producer inflation and broad crypto weakness is testing investor risk appetite, with Ethereum and XRP showing larger weekly declines than Bitcoin.
- US producer inflation reached 6.5% annually.
- Ethereum fell below $2,000 as reported by Crypto.news.
- XRP traded near $1 following a 14.24% weekly decline.
- The crypto market remained in Extreme Fear territory.
- China producer inflation hits 2022 high as $900M in XRP moves to Binance
- Crypto Market Weakens as US Producer Inflation Hits 6.5% — this brief
Crypto.news reported that
Ethereum,
XRP and
Pi Network traded under pressure on Nov. 13 as US producer inflation reached 6.5% annually. The report cited the Bureau of Labor Statistics’ October data, which showed producer prices rising 0.3% during the month, and noted that Ethereum was below $2,000 while XRP was close to $1.
Live pricing showed Ethereum at $1,923.72, down 4.07% over 24 hours and 13.50% over seven days. Its market capitalization stood at $235.11 billion. XRP was priced at $1.015, a 0.82% daily decline and a 14.24% weekly fall, with a market capitalization of $64.47 billion.
Pi Network was also cited as trading under pressure in the report, although the live data showed PI at $0.070199, up 0.44% over 24 hours. PI remained down 6.26% over seven days and had a market capitalization of $799.1 million.
The broader crypto market capitalization was $2.38 trillion, with the market broadly lower.
Bitcoin fell 4.28% over 24 hours, while the Fear and Greed Index stood at 20, categorized as Extreme Fear. The simultaneous weakness in major assets and deeply negative sentiment underscore the adverse market backdrop surrounding the inflation release, though the available coverage does not establish a direct causal link.
For context, Ethereum and XRP both remained below their respective weekly levels despite the inflation data, while Pi’s positive daily move provided a limited counterpoint. The next market checkpoints are continued pressure around Ethereum’s $2,000 level and whether XRP can remain near the $1 mark as broader sentiment evolves.
Since this brief published about 3 hours ago, Ethereum (ETH) has moved from ₹1,80,995.36$1,923.72 to ₹1,82,277.76$1,937.35 — +0.71%.
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 Token Times'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.
At today's peer-to-peer rate, 1 ETH ≈ ₹194,083.72 (about $1,937.35), down 4.0% over 24 hours. The rupee itself trades about 6.5% above the official rate on the P2P market, so a Indian 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.
Crypto Market Weakens as US Producer Inflation Hits 6.5% — questions & answers
What US inflation data was reported?
Crypto.news cited a 6.5% annual increase in US producer inflation. The Bureau of Labor Statistics’ October report also showed producer prices rising 0.3% during the month.
How did Ethereum and XRP perform?
Ethereum fell 4.07% over 24 hours and 13.50% over seven days. XRP declined 0.82% daily and 14.24% over seven days.
What was the broader crypto market sentiment?
The Fear and Greed Index was 20, indicating Extreme Fear. Total crypto market capitalization was $2.38 trillion, and the market was broadly lower.
How much is 1 Ethereum worth in rupee today?
About ₹194,083.72 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1,937.35. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.71% since this brief first published — trading at ₹1,82,278 ($1,937.35) now versus ₹1,80,995 ($1,923.72) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times 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.