Morning Minute: Crypto Plummets as Jensen Huang Exits Nvidia
Summary
Crypto markets fell alongside Nvidia shares after CEO Jensen Huang abruptly resigned as CEO, president and board member. Bitcoin dropped about 4% to near $68,000, while ETH fell below $2,000 and other major tokens lost 3%–5%. The newsletter suggests the decline may be nearing a technical bottom and notes Binance has fully covered assets affected by its $6.34 billion hack, publishing expanded reserves data. Nvidia’s upcoming quarterly results and succession developments could influence broader markets.
