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Shiba Inu price drops 3.7% after Nvidia CEO resignation shocks tech and crypto markets

12 Nov 2026, 19:36 WIB
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Bearish
Shiba Inu price drops 3.7% after Nvidia CEO resignation shocks tech and crypto markets

Shiba Inu (SHIB) price fell to $0.0000043, down 3.7% following the surprise resignation of Nvidia CEO Jensen Huang, which caused Nvidia shares to drop around 12-13% and dragged down technology stocks and the crypto market. Bitcoin also fell 3.5%, reflecting a broader sell-off in risky assets as investors reduced exposure to volatile holdings. SHIB is nearing its yearly low of $0.00000411 from July, with Nvidia's upcoming quarterly report on November 17 seen as a key event that could influence market sentiment. The decline in SHIB was on relatively low trading volume, indicating a lack of buyers rather than panic selling, and some investors withdrew SHIB from exchanges, suggesting holders are moving tokens to self-custody rather than selling. The tech sector's performance, especially Nvidia's results, will likely set the tone for crypto markets in the near term.

Shiba Inu trades at Rp0.0781 on Pluang, down 3.50% as of Nov 13, 2026 00:41 WIB. Bitcoin is priced at Rp1.306.795.022, down 2.92%. SHIB's market cap stands at Rp46.27 trillion with a 24-hour volume of Rp952.3 million, showing steady buy interest at 76%.

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