--- title: "Bitcoin, Ethereum, XRP Slide, Dogecoin Flat As 'Fear' Sentiment Prevails: Analyst Expects BTC Bull Run Before 'Massive' Financial Crisis" type: "News" locale: "en" url: "https://longbridge.com/en/news/284493048.md" description: "Leading cryptocurrencies, including Bitcoin, Ethereum, and XRP, experienced declines amid concerns over OpenAI's missed targets. Bitcoin fell to $75,673, while Ethereum hovered around $2,250-$2,300. The global crypto market cap dropped to $2.55 trillion. Analysts predict a potential Bitcoin bull run before a significant financial crisis, with Ethereum needing to establish support at $2,335 for a sustained rally. Stocks also retreated, with the Dow Jones and S&P 500 closing lower due to OpenAI's performance issues." datetime: "2026-04-29T02:16:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284493048.md) - [en](https://longbridge.com/en/news/284493048.md) - [zh-HK](https://longbridge.com/zh-HK/news/284493048.md) --- # Bitcoin, Ethereum, XRP Slide, Dogecoin Flat As 'Fear' Sentiment Prevails: Analyst Expects BTC Bull Run Before 'Massive' Financial Crisis Leading cryptocurrencies fell alongside stocks on Tuesday amid a report that AI giant **OpenAI** reportedly missed its key targets. **Cryptocurrency** **24-Hour Gains +/-** **Price (Recorded at 9:35 p.m. EDT)** **Bitcoin** (CRYPTO: BTC) \-1.12% $76,330.28 **Ethereum** (CRYPTO: ETH)                 \-0.82% $2,283.76 **XRP** (CRYPTO: XRP)                          \-1.41% $1.37 **Solana** (CRYPTO: SOL)                          \-0.75% $83.88 **Dogecoin** (CRYPTO: DOGE)              +0.34% $0.09955 ## Crypto Market Drags Lower **Bitcoin** fell to an intraday low of $75,673, with trading activity substantially falling over the last 24 hours. **Ethereum** wobbled in the tight range between $2,250 and $2,300, while **XRP** also traded in the red. Shares of **Strategy Inc.** (NASDAQ:MSTR) and **Coinbase Global Inc.** (NASDAQ:COIN) closed down 2.06% and 1.33%, respectively. Over $190 million was liquidated in the past 24 hours, predominantly affecting long traders, according to Coinglass data. Open interest in Bitcoin futures fell further by 3.54% over the last 24 hours. Binance derivatives traders remained bearish on the asset, placing more short positions vis-à-vis longs. “Fear” sentiment persisted in the market, according to the Crypto Fear & Greed Index. **Top Gainers (24 Hours)**  **Cryptocurrency (Market Cap\>$100 M)** **Gains +/-** **Price (Recorded at 9:35 p.m. EDT)** **SKYAI** (SKYAI)       +33.02%     $0.2187 **Humanity Protocol** (H)                  +24.07%     $0.1757 **Unibase** (UB)             +19.61%     $0.05871 The global cryptocurrency market capitalization stood at $2.55 trillion, following a drop of 1.01% over the last 24 hours. ## **Stocks Retreat On OpenAI’s Concerns** Stocks pulled back from record highs on Tuesday. The **Dow Jones Industrial Average** dipped 25.86 points, or 0.05%, to end at 49,141.93.  The **S&P 500** retreated 0.49% to close at 7,138.80, while the tech-focused **Nasdaq Composite** fell 0.9% to settle at 24,663.80. The sell-offs followed a report that OpenAI failed to meet its set targets for revenue and new users, with its own leadership doubting the company’s ability to fund future computing contracts if growth falters. In other news, oil prices kept climbing. The **United States Oil Fund** (NYSE:USO), which tracks West Texas Intermediate crude oil, closed up 3.62% at $139.60, more than doubling year-to-date. **Read Also: Michael Saylor Says Financial Giants Will Cause 'Massive Supply Shock' For Bitcoin** ## Bitcoin Bull Run Before Financial Crisis? Widely followed cryptocurrency analyst and trader **Ali Martinez** noted that Ethereum is testing its realized price at $2,335 as support—a level that has historically acted as a "technical prerequisite" for a "sustained rally."  "If ETH can claim this $2,335 level and establish it as a support floor, it creates the structural conditions to target that upper $5,600 band," Martinez added. > Ethereum $ETH is attempting to reclaim its Realized Price as support, which is currently at $2,335. > > When we look at the MVRV pricing bands, we can see that successfully turning this level into a floor is a standard technical prerequisite for a sustained rally. Historically,… https://t.co/93y0hrX297 pic.twitter.com/5oBzCy5npw > > — Ali Charts (@alicharts) April 28, 2026 **Michaël van de Poppe,** another prominent cryptocurrency commentator on X, anticipated a "massive" financial crisis—but not before a Bitcoin bull run. "Would expect to see a long bull run on Bitcoin in 2027/2028 first," Van De Poppe stated. "That high on Bitcoin will likely be the end of the entire risk-on period and we’ll go into a crisis like 1930." > I do think we're on edge of a massive financial crisis. > > However, it's going to take some time before it starts. Would expect to see a long bull run on #Bitcoin in 2027/2028 first. > > That high on Bitcoin will likely be the end of the entire risk-on period and we'll go in a crisis… > > — Michaël van de Poppe (@CryptoMichNL) April 28, 2026 **Read Also: Bitcoin Gains 15% In 30 Days And This Pattern Says The Move Isn't Done Yet** _Photo courtesy: DUSAN ZIDAR on Shutterstock.com_ ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [ABTC.US](https://longbridge.com/en/quote/ABTC.US.md) - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [BTC.US](https://longbridge.com/en/quote/BTC.US.md) - [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [XRPT.US](https://longbridge.com/en/quote/XRPT.US.md) - [XRPZ.US](https://longbridge.com/en/quote/XRPZ.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [GXRP.US](https://longbridge.com/en/quote/GXRP.US.md) - [YBTC.US](https://longbridge.com/en/quote/YBTC.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [TOXR.US](https://longbridge.com/en/quote/TOXR.US.md) - [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md) - [BTCI.US](https://longbridge.com/en/quote/BTCI.US.md) - [XXRP.US](https://longbridge.com/en/quote/XXRP.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [XRPR.US](https://longbridge.com/en/quote/XRPR.US.md) - [TDOG.US](https://longbridge.com/en/quote/TDOG.US.md) - [BWOW.US](https://longbridge.com/en/quote/BWOW.US.md) - [UXRP.US](https://longbridge.com/en/quote/UXRP.US.md) - [GDOG.US](https://longbridge.com/en/quote/GDOG.US.md) - [BTF.US](https://longbridge.com/en/quote/BTF.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [BCOR.US](https://longbridge.com/en/quote/BCOR.US.md) - [ETHT.US](https://longbridge.com/en/quote/ETHT.US.md) - [XRPC.US](https://longbridge.com/en/quote/XRPC.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [BTCHKD.VAHK](https://longbridge.com/en/quote/BTCHKD.VAHK.md) - [BTCUSD.VAHK](https://longbridge.com/en/quote/BTCUSD.VAHK.md) - [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md) - [ETHUSD.VAHK](https://longbridge.com/en/quote/ETHUSD.VAHK.md) - [DOGEUSD.VAHK](https://longbridge.com/en/quote/DOGEUSD.VAHK.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [STRF.US](https://longbridge.com/en/quote/STRF.US.md) - [STRC.US](https://longbridge.com/en/quote/STRC.US.md) - [STRK.US](https://longbridge.com/en/quote/STRK.US.md) - [STRD.US](https://longbridge.com/en/quote/STRD.US.md) ## Related News & Research - [Ethereum Community Debates Changes To Staking Model As ETH Remains Stuck Below $2,300](https://longbridge.com/en/news/286153164.md) - ['The Entire Economy Is Going To Be Tokenized,' Consensys CEO Joseph Lubin Says, Positioning Ethereum As The Winner](https://longbridge.com/en/news/286265353.md) - [ZAWYA: OKX launches USDSⓈ-M options on Bitcoin and Ether](https://longbridge.com/en/news/286889580.md) - [ChatGPT Can Now Connect to Your Financial Accounts for Budgeting Advice](https://longbridge.com/en/news/286596894.md) - [Flare to Be Integrated With D’CENT Wallet](https://longbridge.com/en/news/286972571.md)