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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

Grayscale Slows Bitcoin Sales: What's Next?

Good evening. The cryptocurrency markets, known for their volatility, seem to be stabilizing after recent turbulence. Much of this centers around Grayscale, the world’s largest digital currency asset manager, and their recent Bitcoin maneuvers.

Grayscale Slows Bitcoin Outflows

Blockchain analytics firm, Arkham Intelligence, recently reported Grayscale moved 4,400 Bitcoin to Coinbase, their custodian. While a significant sum, valued at nearly \\(200 million, it represents a marked slowdown from the previous week's activity. Earlier this month, Grayscale offloaded substantially more Bitcoin, exceeding \\\)2 billion in just a few days. This sparked considerable price fluctuations, leading many to speculate whether Grayscale’s actions were influencing Bitcoin’s price.

Is The Tide Turning?

The recent slowdown suggests Grayscale may be nearing the end of this particular Bitcoin divestment. Market observers are closely watching Grayscale and its CEO, Barry Silbert.

Grayscale’s Shift

Grayscale’s Bitcoin strategy shifted when they converted their Bitcoin Fund into a Bitcoin Exchange Traded Fund (ETF). This conversion, finalized on January 10, meant investors could redeem their holdings more readily, leading to the recent outflows.

Bitcoin’s Uncertain Future

The approval of Bitcoin ETFs was a watershed moment, with many anticipating a surge in Bitcoin’s price. The initial excitement did push Bitcoin’s price near \\(49,000, a high not seen since 2021. However, Grayscale's subsequent Bitcoin movements seemed to counter this upward trend. As of this evening, Bitcoin is trading at \\\)43,535. This represents an 11% gain for the week, offering a glimmer of optimism for those hoping for a bullish upswing.

The question remains: is this the start of a sustained Bitcoin rally? Only time will tell.

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