# Bitcoin falls to $71,000 as Huang’s sudden resignation sends Nvidia into a $2 trillion wipeout

https://mins.news/en/item/140881

- CryptoSlate, 2026-11-12 15:04 UTC
- Economy
- Original: https://cryptoslate.com/bitcoin-plunges-to-71k-as-jensen-huang-abruptly-resigns-sending-nvidia-into-2-trillion-wipeout/

> Nvidia co-founder Jensen Huang resigned Thursday, sending the chipmaker’s shares tumbling and deepening a cryptocurrency-market selloff. On Nov. 12, Nvidia said Huang had immediately stepped down as CEO, president and board member, ending his 33-year leadership. CFO Colette Kress was named interim CEO.

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- [Nvidia CEO Jensen Huang resigns immediately amid spy scandal](https://mins.news/en/video/140816) — Al Jazeera English, 2026-11-12
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