Jim Cramer: Cryptocurrencies are at '2000 speculative bubble levels'

- BCH rose 0.09% in 24 hours but fell 4.22% in seven days, yet gained 22.72% annually. - It outperformed its Zacks Banks - Foreign sector with 0.66% weekly gains vs. -2.46% industry decline. - Earnings estimates rose twice in two months, boosting consensus from $2.54 to $2.56. - With a Zacks Rank #2 (Buy) and Momentum Score B, BCH shows strong momentum potential. - Annual 63.46% gains and positive revisions solidify its position as a top momentum stock.

- Bitwise launched the first Dogecoin ETF (BWOW) on NYSE, offering institutional-grade exposure to the memecoin. - DOGE fell 1.36% in 24 hours but rose 7.34% weekly, reflecting mixed short-term market sentiment. - The ETF aligns with growing institutional adoption and regulatory momentum for altcoins, despite a 52.35% annual decline. - Similar products like Bonk’s ETP and Ethereum upgrades highlight maturing crypto infrastructure and investor demand.

- Zcash (ZEC) fell 4.01% in 24 hours as Grayscale files to convert its Zcash Trust into an ETF. - The ETF conversion aims to boost institutional exposure and regulated market access for ZEC. - ZEC shows 16.26% monthly gain and 736.04% annual rise despite recent 17.89% weekly drop. - Analysts highlight ETF approval could stabilize ZEC’s price and attract diversified investors. - The SEC’s decision on the ETF remains pending, shaping market perceptions and ZEC’s adoption trajectory.

- Algo (ALGO) fell 0.69% in 24 hours to $0.1434, contrasting with 5.52% weekly gains but a 57.16% annual decline amid crypto market uncertainty. - Switzerland delayed CARF crypto reporting rules until 2027, citing stalled international data-sharing talks, hindering global regulatory alignment. - Bonk (BONK) launched Europe's first ETP on SIX Swiss Exchange, enabling traditional investors to access memecoins without digital wallets. - Ethereum prepares December 3 gas limit upgrade to 60M, enhancing layer-2