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Bitcoin dips below $72,000 amid crypto selloff and Nvidia CEO resignation

Market News
12 Nov 2026, 20:22 WIB
Altcoin Buzz
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Bearish
Bitcoin dips below $72,000 amid crypto selloff and Nvidia CEO resignation

Bitcoin briefly fell below $72,000 on 12 November, its lowest since August, amid a broad crypto market selloff triggered by Nvidia's CEO resignation and over $650 million in liquidated crypto positions. US spot Bitcoin ETFs saw $1.44 billion in net outflows from 5 to 11 November, reflecting investor caution. Nvidia's CEO change and upcoming Q3 results on 17 November add uncertainty, while Ethereum staking reached a record high. Investors should watch Bitcoin's $72,000 level and Nvidia's earnings for market direction.

Bitcoin price action on 12 November provides context for Pluang's crypto market snapshot. As of Nov 13, 2026 00:41 WIB, 7 of 50 major cryptocurrencies rose, 42 fell. Notable movers include LINK at Rp181.056 with a -4.95% change and 81% sell orders, SAND at Rp742 with a -4.64% change and 100% buy orders, and ADA at Rp3.107 with a -4.49% change and 81% buy orders. Typical hold times range from 64 to 128 days.

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