WSJ · 2026-11-13 10:45 UTC

Nvidia Drama Helps Push Bitcoin Below $70,000

Bitcoin fell about 6% over the past 24 hours, recently trading near $69,000 and below the $70,000 level for the first time since August 20, per Dow Jones Market Data. The drop follows hotter-than-expected U.S. inflation data that revived talk of Fed tightening, and turmoil in the tech sector over Nvidia's ousted CEO. MSCI ruled that Strategy, the world's largest corporate bitcoin holder, will be removed from its global benchmarks from the end of this month.

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