CryptoMedium•12 November 2026•
1 min read
Ethereum Drops Below $2,000 Following Jensen Huang Resignation and ETF Outflows
Key Facts
1Ether price fell as low as $1,983, impacted by the surprise resignation of Nvidia CEO Jensen Huang.
2Ethereum ETFs recorded $144.8 million in outflows on the fifth consecutive day of negative flows.
Ether price fell as low as $1,983, impacted by the surprise resignation of Nvidia CEO Jensen Huang, cryptoticker.io reported. Ethereum ETFs recorded $144.8 million in outflows, marking the fifth consecutive day of negative flows for the institutional instruments.
NVDA was trading at $164.735 on November 12, 2026, reaching a session low of $148.8. In the broader semiconductor sector, AMD closed at $552.9 and INTC closed at $62.5 on November 11, 2026, while TSM was trading at $406 on November 12, 2026.