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Produced by Daniel Aharonoff & Mogul Media AI

Ethereum Crashes Below $2,000 as Nvidia Shock Hits Crypto

Ethereum Just Lost $2,000 — And the Dip Buyers Are Betting on Something Bigger Co-produced by Daniel Aharonoff and DigitalDan As the chief editor of ethdan.me, I've watched Ethereum test the $2,000 line plenty of times. Usually it holds. Usually the buyers show up, the line bends, and the story ends with a bounce. Today was different. Ethereum didn't just test $2,000 — it lost it, falling to $1,996.52 in early U.S. trading on Thursday, November 12, 2026, its first trade below the psychological line since August 19. Some data feeds put the intraday low even lower, at $1,983.82. And here's the twist that makes this more than just another red day: the trigger didn't come from crypto at all. It came from Nvidia. The chip giant's CEO, Jensen Huang, resigned, AI stocks sold off hard, and Ethereum — the asset Wall Street keeps insisting is the "AI blockchain" — got dragged down with them. So now the market is split in a way I haven't seen in weeks. On one...
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Produced by Daniel Aharonoff & Mogul Media AI

Ronin Network's RON Token: Surging Amidst Crypto Market Downturn

Amidst a broader downturn in the cryptocurrency market, characterized by Bitcoin's approach to the $40,000 mark and significant losses for gaming tokens, the performance of the Ronin network's RON token stands out as a beacon of strength. Over the weekend, RON surged to a two-year high, showcasing resilience and potential in a challenging landscape. As an Ethereum sidechain network tailored for gaming, Ronin has garnered attention through popular games like Axie Infinity and Pixels, fostering a notable influx of daily active wallets. Despite a recent 3% dip, the RON token has impressively soared by 325% over the past year, underlining its robust trajectory and investor appeal.

Key Highlights:

  • The cryptocurrency market is witnessing a downturn, with Bitcoin nearing $40,000 and gaming tokens experiencing substantial losses.
  • Ronin network's RON token has displayed remarkable performance, hitting a two-year high following a weekend surge.
  • Ronin, an Ethereum sidechain network focused on gaming, has gained traction through games such as Axie Infinity and Pixels.
  • The network has attracted a significant number of daily active wallets, signaling growing interest and engagement.
  • Despite a recent 3% decrease in value over the past 24 hours, the RON token has surged by an impressive 325% over the last year, showcasing substantial growth and potential in the market.
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