FeesSafety
Pluang+

Crypto tokens plunge as Nvidia CEO abruptly resigns, sparking market turmoil.

12 Nov 2026, 17:56 WIB
UToday
View Source
Bearish
Crypto tokens plunge as Nvidia CEO abruptly resigns, sparking market turmoil.

Top cryptocurrencies including Bitcoin, XRP, Ethereum, and Shiba Inu experienced significant price drops following the sudden resignation of Nvidia CEO Jensen Huang on November 12, 2026. Huang's unexpected departure triggered a sharp sell-off in Nvidia shares, wiping out around $500 billion in market value and intensifying the already fragile crypto market. The turmoil also led to liquidation of large leveraged positions in Nvidia stock, further unsettling investors. This event adds to ongoing volatility in the crypto space, with XRP and other altcoins falling more sharply than Bitcoin, signaling increased risk and uncertainty ahead.

Bitcoin trades at Rp1.308.084.149 with a 2.41% drop on Pluang as of Nov 12, 2026 23:22 WIB, showing notable market reaction. XRP fell more sharply with a 3.55% decline to Rp18.691, while SHIB dropped 3.79% to Rp0,078, reflecting heightened volatility in crypto prices. This aligns with the news of Nvidia CEO's sudden resignation impacting investor sentiment and crypto market stability.

More News (BTC)

Bitcoin falls below $72,000 amid Nvidia CEO resignation and tech stock sell-off

Bitcoin falls below $72,000 amid Nvidia CEO resignation and tech stock sell-off

Bitcoin dropped below $72,000, its lowest since August 20, following a nearly 13% plunge in Nvidia shares after CEO Jensen Huang resigned. Nvidia appointed CFO Colette Kress as interim CEO while searching for a permanent replacement. The tech sell-of...

Market News
Bearish
5 hours ago
Bitcoin drops below $72K, triggering $125M in forced long liquidations in 20 minutes

Bitcoin drops below $72K, triggering $125M in forced long liquidations in 20 minutes

Bitcoin fell below the key $72,000 level, causing crypto exchanges to liquidate $125 million in leveraged long positions within 20 minutes. This rapid forced selling pushed the price down further, as each liquidation triggered more sell orders. The $...

Market News
Bearish
6 hours ago
Bitcoin trades above $72,000, showing mixed short-term price moves on Binance.

Bitcoin trades above $72,000, showing mixed short-term price moves on Binance.

Bitcoin briefly rose above $72,000 in Binance spot trading, reaching $72,164 at 9:40 a.m. ET on Nov. 12. The price showed a slight increase compared to 15 minutes earlier but was down 0.58% compared to one hour before, indicating mixed short-term pri...

Market News
Neutral
6 hours ago
Bitcoin price drops below $72K amid $656M crypto liquidation surge

Bitcoin price drops below $72K amid $656M crypto liquidation surge

Bitcoin's price fell below $72,000 on November 12, 2026, following a massive $656 million liquidation event in the crypto derivatives market, primarily hitting leveraged bullish traders. The sell-off was driven by a combination of factors including E...

Market News
Bearish
6 hours ago
Pepe (PEPE) token drops 15%, leading losses among top cryptocurrencies

Pepe (PEPE) token drops 15%, leading losses among top cryptocurrencies

The Pepe (PEPE) token fell 15.04% in 24 hours, marking the largest loss among the top 90 cryptocurrencies by market cap, excluding stablecoins. PEPE traded at $0.00000445 and dropped from 43rd to 46th in ranking. Meanwhile, some tokens like Midnight ...

Market News
Bearish
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App