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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

Unveiling Arthur Hayes' Bold Crypto Predictions: A Deep Dive into Bitcoin's Future

Arthur Hayes, the prominent crypto trader and founder of 100X Group, has made a bold prediction regarding Bitcoin's price movement. In his recent essay titled "Yellen or Talkin," Hayes delves into the potential impact of geopolitical factors on the future of cryptocurrencies. He takes a short-term bearish yet long-term bullish stance, urging market participants to prepare for volatility ahead. Hayes doesn't mince words when criticizing the financial strategies of U.S. Treasury Secretary Janet Yellen and Federal Reserve Chairperson Jerome Powell, characterizing them in colorful terms that underscore his disdain for their actions.

Key Points from Arthur Hayes' Analysis:

  • Bitcoin Price Prediction: Hayes forecasts a local bottom for Bitcoin between $30,000 and $35,000 based on current market dynamics and anticipated decisions from key financial authorities.

  • Market Misinterpretation: According to Hayes, market participants have misread the intentions of Yellen and Powell, leading to unwarranted optimism that is now being corrected as the true impact of U.S. monetary policy becomes clearer.

  • Altcoin Buying Strategy: As a self-proclaimed "crypto Degen," Hayes plans to engage in bottom fishing once Bitcoin hits its predicted low. He expresses interest in altcoins like Solana, $WIF, and "Bonk," which he refers to as "the last cycle's doggy money."

  • Bitcoin's Relationship with Traditional Finance: Hayes highlights a divergence between Bitcoin's performance and traditional financial indicators, suggesting that the cryptocurrency may serve as a more accurate harbinger of broader financial trends.

Hayes' analysis serves as a stark reminder of the intricate interplay between geopolitical events, monetary policy decisions, and cryptocurrency prices. As the market braces for potential turbulence, Hayes' insights offer a unique perspective on navigating the evolving landscape of digital assets.

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