CryptoMedium•13 November 2026•
1 min read
Crypto Market Sheds $130B Following Nvidia CEO Resignation Shock
Key Facts
1The global virtual asset market capitalization decreased by more than $130 billion in a single day.
2Bitcoin price fell 5.98% to $69,119, reaching its lowest level since August.
3Volatility in U.S. AI stocks triggered by the resignation of Nvidia CEO Jensen Huang sparked a crypto sell-off.
The global virtual asset market capitalization decreased by more than $130 billion in a single day, according to Businesskorea. Bitcoin price fell 5.98% to $69,119, reaching its lowest level since August, as a crypto sell-off was triggered by volatility in U.S. AI stocks following the resignation of Nvidia CEO Jensen Huang.
NVDA closed at $166.19 on November 12, 2026, as the leadership change pressured risk sentiment across related sectors. In the semiconductor peer group, AMD closed at $585.3 and TSM closed at $405.49 on November 12, 2026, while INTC recorded a close of $61.2 on the same date, highlighting the broader impact on technology-linked assets.