Bitcoin Price Falls Below $72,000 as Nvidia CEO Jensen Huang Steps Down and Strategy (MSTR) Slides

Bitcoin Magazine Bitcoin Price Falls Below $72,000 as Nvidia CEO Jensen Huang Steps Down and Strategy (MSTR) Slides Bitcoin price fell below $72,000 on Thursday morning, its lowest level since mid-August, after Nvidia said CEO Jensen Huang had resigned and Strategy shares slid following MSCI’s confirmation of an index exit, according to Bitcoin Magazine Pro data. The selling started after Wednesday’s close. Bitcoin slipped from about $74,700 to near $73,400 by 6 p.m. ET, then drifted sideways overnight. A second leg lower began around 6 a.m., and the bitcoin price briefly dipped to about $72,200 shortly after 8 a.m. The decline accelerated later in the morning, and bitcoin traded as low as about $71,670 around 9:29 a.m.

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