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CryptoMediumUpdated•Originally published 12 November 2026•Updated 12 November 2026•
1 min read

Bitcoin Slides Toward $71K as Nvidia CEO Jensen Huang Resigns

Key Facts

1Bitcoin price fell to its lowest level since August 20, approaching the $71,000 mark.
2Tech stocks slid sharply following the resignation of Nvidia CEO Jensen Huang.

Bitcoin price fell to its lowest level since August 20, approaching the $71,000 mark. Cointelegraph reported that tech stocks slid sharply following the resignation of Nvidia CEO Jensen Huang, triggering a broader sell-off that spilled over into the cryptocurrency market.

NVDA closed at $173.73 on November 11, 2026, amid selling pressure that affected industry peers. On the same date, AMD closed at $552.9 and TSM at $413.35, while INTC ended the session at $62.5, highlighting the volatility across the semiconductor sector following the leadership change at Nvidia.

Latest Updates · 1

  1. Notable·

    Update: Nvidia shares recovered from an intraday low of $148.80 to approximately $160 during trading on November 12, 2026. Meanwhile, Bitcoin recorded a 3.5% decline during Thursday's session.

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