Bitcoin Falls Below $21K, Ethereum, Dogecoin Slide Amid Genesis Worries: Analyst Says Apex Crypto Needs ‘To Trap Just A Few More Bears’

Major coins traded in red on Wednesday evening as reports suggested Genesis Global Capital, the institutional cryptocurrency brokerage whose lending unit recently suspended customer withdrawals in the aftermath of FTX’s collapse, prepares to file for bankruptcy.  Cryptocurrency Gains (+/-) Price Bitcoin -2.47% $20,706 Ethereum -3.79% $1,518 Dogecoin -5.74% $0.080 What Happened: Bitcoin (CRYPTO: BTC) sank below $21,000, and Ethereum (CRYPTO: ETH) was trading down 3%.