Bitcoin hovers at $74,000 as Nvidia drops over 4% after CEO scandal

Bitcoin is trading near $74,000, showing a slight decline as global markets react to significant losses in Nvidia’s shares following a scandal involving the company’s CEO. Nvidia shares fell more than 4% in pre-market trading after reports emerged that CEO Jensen Huang admitted to an affair with Alice Huang, a business executive who has attracted scrutiny from United States intelligence officials over suspicions of passing information to Beijing. The company’s board has initiated an independent investigation into the matter. Nvidia, the leading designer of advanced graphics processing units (GPUs), occupies a central position in the global artificial intelligence industry and has been a driver of record investment in AI-linked stocks.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.