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Bitcoin falls below $72,000 amid Nvidia CEO exit, ETF outflows, and Fed rate hike fears

12 Nov 2026, 19:42 WIB
CryptoTicker
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Bearish
Bitcoin falls below $72,000 amid Nvidia CEO exit, ETF outflows, and Fed rate hike fears

Bitcoin dropped below $72,000, hitting its lowest since August 20, driven by Nvidia CEO Jensen Huang's sudden resignation, MSCI removing Strategy from key indices, and five consecutive days of outflows from US Bitcoin ETFs. The market also braces for a likely Federal Reserve rate hike in December, adding pressure. Over $720 million in crypto liquidations occurred in 24 hours, mostly from long positions, intensifying the sell-off. Key upcoming dates include Nvidia's earnings on November 17, MSCI's index change on November 30, and the Fed meeting on December 9, which could influence market direction.

Bitcoin price movement is the subject, here is Pluang's market snapshot as of Nov 13, 2026 00:41 WIB: Among 50 major cryptocurrencies priced on Pluang, 7 rose and 42 fell today. Notable movers include SAND (The Sandbox) at Rp742 with a 1-day change of -4.64%, ADA (Cardano) at Rp3.107 down 4.49%, and YFI (Yearn) at Rp33.578.019 down 4.42%.

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