Jensen Huang Resigns as Nvidia CEO — Bitcoin Slumps Below $72,000
Nvidia confirmed Jensen Huang resigned as CEO effective immediately, also stepping down from the board. Colette Kress takes over as interim CEO. Nvidia shares fell ~10%.
Bitcoin slid below $72,000 on the news, now ~$72,400, as risk appetite crumbles. ETH is sliding toward $2,000, down 24% this quarter vs BTC's 12%.
Traders are hedging hard: the $60,000 BTC put is now the third-most popular contract on Deribit. US spot BTC ETFs also bled $299.9M Wednesday — a fifth straight day of outflows.
Not financial advice.
$BTC #Bitcoin #Nvidia #NVDA $ETH
Nvidia confirmed Jensen Huang resigned as CEO effective immediately, also stepping down from the board. Colette Kress takes over as interim CEO. Nvidia shares fell ~10%.
Bitcoin slid below $72,000 on the news, now ~$72,400, as risk appetite crumbles. ETH is sliding toward $2,000, down 24% this quarter vs BTC's 12%.
Traders are hedging hard: the $60,000 BTC put is now the third-most popular contract on Deribit. US spot BTC ETFs also bled $299.9M Wednesday — a fifth straight day of outflows.
Not financial advice.
$BTC #Bitcoin #Nvidia #NVDA $ETH
