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Nvidia CEO Jensen Huang resigned immediately, sending NVDA down as much as 13% at the Wall Street open and dragging Bitcoin below $72,000 for the first time since Aug. 20. Bitcoin losses hit 3.5% on Thursday with month-to-date losses at 7.4%, while 24-hour crypto liquidations reached $730 million. CFO Colette Kress becomes interim CEO.
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Summary by ByteBrief
Nvidia Shares Plummet as Board Considers Jensen Huang's Future as CEO