Nvidia Leadership Crisis Deepens as Shares Fall Up to 10%
Nvidia’s leadership situation escalated from board deliberations to Huang’s reported resignation, weighing on technology stocks and the wider crypto market.
Nvidia’s leadership situation escalated from board deliberations to Huang’s reported resignation, weighing on technology stocks and the wider crypto market. Bitcoin (BTC) is trading at ₹65,14,241 ($69,237.00), up 0.2% since this brief published. This is an original Token Times brief synthesising 4 outlets (The Crypto Basic, TronWeekly, Crypto Daily, and others), with their figures cross-checked, plus live market data, as of Fri, 13 Nov 2026 11:45:01 UTC.
Nvidia’s leadership uncertainty matters because the chipmaker is a major technology-sector bellwether, while equity-linked leverage on decentralized derivatives created an immediate risk-off effect in crypto markets.
- Nvidia shares fell roughly 8%–10% in premarket trading
- Huang was reported to resign after 33 years
- CFO Colette Kress became interim CEO
- Bitcoin dropped 5.90% over 24 hours
CoinCodex, TronWeekly, 99Bitcoins and Crypto.news report that Jensen Huang resigned as Nvidia’s CEO, president and board member, with CFO Colette Kress serving as interim CEO and a search underway for a successor. The Crypto Basic and The News Crypto initially described a narrower stage in which directors were considering removal, while 99Bitcoins said the company announced the resignation on November 12. Premarket losses were placed at more than 10% by The Crypto Basic, Crypto.news, Crypto Daily and CryptoNews, whereas TronWeekly and CoinCodex cited declines of about 8%. TronWeekly additionally reported an external legal review, while Crypto.news supplied the most extensive crypto-market examples, including a $1.54 million liquidation and a leveraged Nvidia position; no supplied outlet contradicts the core leadership change.
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- Nvidia Leadership Crisis Deepens as Shares Fall Up to 10% — this brief
- Nvidia founder Huang exits immediately as crypto selloff deepens
Nvidia shares fell sharply in premarket trading following reports that co-founder and chief executive Jensen Huang was leaving the company. The Crypto Basic said the stock dropped more than 10% to $155.57, citing The Wall Street Journal’s report that directors were preparing to remove Huang. The News Crypto separately reported that the board met late on November 11 to discuss his future and had begun considering possible replacements.
The situation then developed beyond the initial board-removal reports. 99Bitcoins said Nvidia announced on November 12 that Huang would resign as CEO, president and board member with immediate effect, ending a 33-year run at the company he co-founded. TronWeekly gave the same account, while Crypto.news described Huang as resigning after 33 years and said the leadership controversy rattled technology stocks.
Multiple outlets identified Chief Financial Officer Colette Kress as interim CEO, with Nvidia searching both internally and externally for a permanent successor. CoinCodex also connected the departure to controversy surrounding alleged extramarital affairs, the allegations underlying the leadership reporting. TronWeekly additionally said Nvidia appointed an external legal team to examine the allegations, a detail not repeated in the other supplied summaries.
The share-price estimates varied by outlet. The Crypto Basic, Crypto.news, Crypto Daily and CryptoNews cited declines of roughly 10%, while TronWeekly and CoinCodex put the premarket fall at about 8%. The independently supplied figure check therefore supports a range of 8%–10%, with the larger figure associated with the former group and the smaller estimate with the latter.
The leadership news spilled into crypto markets through equity-linked leverage. Crypto.news reported that a 
Hyperliquid trader was fully liquidated for $1.54 million after Nvidia-related selling, while another trader placed $3.04 million in orders to increase a $9.35 million Nvidia long. Lookonchain identified the traders, according to Crypto.news. DeFiLlama’s live data showed Hyperliquid’s total value locked at $1.75 billion, down 2.4% over seven days.
The broader market backdrop was negative. 
Bitcoin traded at $69,075, down 5.90% over 24 hours and 8.67% over seven days, while 
Solana fell 3.60% over 24 hours. Total crypto market capitalization stood at $2.39 billion with the overall market broadly lower, and the Fear & Greed index registered 20, labelled Extreme Fear. Hyperliquid’s HYPE token stood at $72.12, up 0.84% over 24 hours but down 6.99% over seven days. What to watch is whether Nvidia formalizes the interim arrangement, reports the outcome of the reported legal review and provides clarity on its search for a permanent CEO.
Since this brief published about 22 hours ago, Bitcoin (BTC) has moved from ₹64,98,999.15$69,075.00 to ₹65,14,241.11$69,237.00 — +0.23%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹6.90M (about $69,237.00), down 5.0% over 24 hours. The rupee itself trades about 5.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
2 key figures independently matched across 8 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · November 13, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Nvidia Leadership Crisis Deepens as Shares Fall Up to 10% — questions & answers
Did Jensen Huang resign from Nvidia?
99Bitcoins, TronWeekly, Crypto.news and CoinCodex reported that Huang resigned as CEO, president and board member. Earlier reports from The Crypto Basic and The News Crypto focused on the board considering his removal.
Who became Nvidia’s interim CEO?
Chief Financial Officer Colette Kress was named interim CEO. Nvidia is reportedly searching both inside and outside the company for a permanent successor.
How did Nvidia’s news affect crypto traders?
Crypto.news reported a $1.54 million liquidation on Hyperliquid after Nvidia-related selling. Another trader used $3.04 million in orders to add to a $9.35 million Nvidia long position.
How much is 1 Bitcoin worth in rupee today?
About ₹6.90M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $69,237.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.23% since this brief first published — trading at ₹65,14,241 ($69,237.00) now versus ₹64,98,999 ($69,075.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Crypto Basic, TronWeekly, Crypto Daily, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.