Bitcoin falls below $72,000 after Nvidia CEO resigns

Bitcoin drops below $72,000

Bitcoin fell below $72,000 on 12 November 2026, according to CriptoNoticias. The report ties the move to the resignation of Jensen Huang as chief executive of Nvidia, the chipmaker whose processors are used in artificial intelligence computing.

CriptoNoticias describes the resignation as shaking technology markets and says bitcoin's decline was rapid. The report does not give the size of the fall in percentage terms, the price at which bitcoin traded before the move, or the time of day when it crossed below $72,000.

What the report does not say

The source does not state why Huang resigned, who will replace him, or when the resignation takes effect. It also does not say whether Nvidia shares moved, or how other cryptocurrencies traded alongside bitcoin.

No statement from Nvidia, Huang or any regulator is included in the report. CriptoNoticias attributes the market reaction to the resignation but does not describe a mechanism connecting the two beyond the timing.

Updated 12 November 2026

Colette Kress, Nvidia's longtime finance chief, was named as Jensen Huang's successor as chief executive, according to Decrypt. The outlet reported that the transition is Nvidia's first leadership change in 33 years.