Bitcoin, Ethereum, Dogecoin Fall: Analyst Says More Blood Yet To Come As Genesis Crisis Adds To Crypto Carnage

Benzinga2022-11-22

The two largest cryptocurrencies,Bitcoin and Ethereum, declined on Monday evening as the global cryptocurrency market cap shrunk by 1.91% to $788.67 billion at 8:45 p.m. EST.What Happened: Investors ...

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Comments

PhilipGoh
2022-11-23
PhilipGoh
Noted
Wohaha
2022-11-22
Wohaha
Ok
shammgodtd
2022-11-22
shammgodtd
Lets go bear
Chopper0905
2022-11-22
Chopper0905
Crypto winter?more like crypto Ice age.
Ericdao
2022-11-22
Ericdao
Cathie playing with fire, same like Elon. Elon used tesla to buy bitcoin just to enrich himself. Later speculated on doge. Just a matter of time this 2 millionaire will be same like ftx Sam FB. A pity Tesla hv been used by Elon for his speculative interest
Targarean
2022-11-22
Targarean
Crypto is in a world of pain at the moment. Only the brave will pull through
- Targarean:
  Steady

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The <b>Dow Jones Index</b> fell over 70 points.</p><p>Bonds issued by <b>Coinbase Global</b> and <b>MicroStrategy</b> have slumped as investors&#39; confidence crashed in the wake of the FTX collapse. According to data from Finra-Morningstar, Coinbase’s bond 203 dropped 15% to 50 cents. MSTR took a similar beating as the price dropped to a record 72.5 cents.</p><p>This comes as <b>Cathie Wood</b>’s <b>Ark Invest</b> bought 1.3 million shares of Coinbase worth $56 million just this month.</p><p>Crypto analyst <b>PlanB</b> compared three different dates: the price of BTC in November 2020 was $16,000, in November 2021 was $64,000 and in November 2022 was again to $16,000.</p><p>“So Bitcoin can 4x in a year and /4 in the year after,” the analyst tweeted, adding that there are no “high returns without high volatility.”</p><p>Pseudonymous crypto analyst <b>Capo</b> said, “more blood yet to come” and predicted that BTC will hover around the $12,000 to $14,000 range, ETH to $600 and $650, <b>Cardano</b> between $0.16 to $0.20, and <b>Litecoin</b> somewhere between $29 to $32.</p><p></p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin, Ethereum, Dogecoin Fall: Analyst Says More Blood Yet To Come As Genesis Crisis Adds To Crypto Carnage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin, Ethereum, Dogecoin Fall: Analyst Says More Blood Yet To Come As Genesis Crisis Adds To Crypto Carnage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-22 11:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/22/11/29815791/bitcoin-ethereum-dogecoin-fall-analyst-says-more-blood-yet-to-come-as-genesis-crisis-adds-><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The two largest cryptocurrencies,Bitcoin and Ethereum, declined on Monday evening as the global cryptocurrency market cap shrunk by 1.91% to $788.67 billion at 8:45 p.m. EST.What Happened: Investors ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/22/11/29815791/bitcoin-ethereum-dogecoin-fall-analyst-says-more-blood-yet-to-come-as-genesis-crisis-adds-\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/markets/cryptocurrency/22/11/29815791/bitcoin-ethereum-dogecoin-fall-analyst-says-more-blood-yet-to-come-as-genesis-crisis-adds-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160827780","content_text":"The two largest cryptocurrencies,Bitcoin and Ethereum, declined on Monday evening as the global cryptocurrency market cap shrunk by 1.91% to $788.67 billion at 8:45 p.m. EST.What Happened: Investors were frayed following news that cryptocurrency exchange Genesis' warned about filing for bankruptcy.Dogecoin slid 1.80% in the last 24 hours, trading at $0.07498, according to CoinMarketCap.U.S. stocks traded mostly lower, with the Nasdaq Composite Index dropping more than 100 points. The Dow Jones Index fell over 70 points.Bonds issued by Coinbase Global and MicroStrategy have slumped as investors' confidence crashed in the wake of the FTX collapse. According to data from Finra-Morningstar, Coinbase’s bond 203 dropped 15% to 50 cents. MSTR took a similar beating as the price dropped to a record 72.5 cents.This comes as Cathie Wood’s Ark Invest bought 1.3 million shares of Coinbase worth $56 million just this month.Crypto analyst PlanB compared three different dates: the price of BTC in November 2020 was $16,000, in November 2021 was $64,000 and in November 2022 was again to $16,000.“So Bitcoin can 4x in a year and /4 in the year after,” the analyst tweeted, adding that there are no “high returns without high volatility.”Pseudonymous crypto analyst Capo said, “more blood yet to come” and predicted that BTC will hover around the $12,000 to $14,000 range, ETH to $600 and $650, Cardano between $0.16 to $0.20, and Litecoin somewhere between $29 to $32.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9968910610,"gmtCreate":1669093061130,"gmtModify":1676538150985,"author":{"id":"3587096148095637","authorId":"3587096148095637","name":"shammgodtd","avatar":"https://static.tigerbbs.com/e7a9e3f845e016246e82c4135b483faf","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Lets go bear","listText":"Lets go bear","text":"Lets go bear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968910610","repostId":1160827780,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9968994624,"gmtCreate":1669090168869,"gmtModify":1676538150516,"author":{"id":"4126236089551342","authorId":"4126236089551342","name":"Chopper0905","avatar":"https://community-static.tradeup.com/news/a52c68e0b84d7f61c9d9ccf225bb2bb8","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1},"htmlText":"Crypto winter?more like crypto Ice age.","listText":"Crypto winter?more like crypto Ice age.","text":"Crypto winter?more like crypto Ice age.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968994624","repostId":1160827780,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9968992357,"gmtCreate":1669089374480,"gmtModify":1676538150441,"author":{"id":"3574662162410712","authorId":"3574662162410712","name":"Ericdao","avatar":"https://static.tigerbbs.com/bc892cea22318ad4afece18be23b502b","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1},"htmlText":"Cathie playing with fire, same like Elon. Elon used tesla to buy bitcoin just to enrich himself. Later speculated on doge. Just a matter of time this 2 millionaire will be same like ftx Sam FB. A pity Tesla hv been used by&nbsp;Elon for&nbsp;his&nbsp;speculative interest&nbsp;","listText":"Cathie playing with fire, same like Elon. Elon used tesla to buy bitcoin just to enrich himself. Later speculated on doge. Just a matter of time this 2 millionaire will be same like ftx Sam FB. A pity Tesla hv been used by&nbsp;Elon for&nbsp;his&nbsp;speculative interest&nbsp;","text":"Cathie playing with fire, same like Elon. Elon used tesla to buy bitcoin just to enrich himself. Later speculated on doge. Just a matter of time this 2 millionaire will be same like ftx Sam FB. A pity Tesla hv been used by Elon for his speculative interest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968992357","repostId":1160827780,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9968996566,"gmtCreate":1669089170055,"gmtModify":1676538150418,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":1},"htmlText":"Crypto is in a world of pain at the moment. Only the brave will pull through&nbsp;","listText":"Crypto is in a world of pain at the moment. Only the brave will pull through&nbsp;","text":"Crypto is in a world of pain at the moment. Only the brave will pull through","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968996566","repostId":1160827780,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104911670,"gmtCreate":1669089183727,"gmtModify":1669089196542,"authorId":3573540190522229,"author":{"id":3573540190522229,"authorId":3573540190522229,"name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.11","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9968996566,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Steady</span>","text":"<span class=\"s1\">Steady</span>","html":"<span class=\"s1\">Steady</span>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":88,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1160827780"}