BLOOMBERG · 2026-11-12 09:10 UTC

Bitcoin Retreats as Nvidia Turmoil Weighs on Risk Appetite

Bitcoin fell as much as 1.4% to around $73,500, with other cryptocurrencies and US stock futures also weaker. Nvidia shares slumped as much as 10% after reports it is seeking potential replacements for CEO Jensen Huang amid reports of extramarital affairs. Spot Bitcoin ETFs have seen roughly $2.5 billion in net outflows since Oct. 30, and MSCI's decision to drop Strategy Inc. from its benchmarks added pressure.

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