bitcoin
Morning Minute: Crypto Plummets as Jensen Huang Exits Nvidia
Bitcoin fell all the way to $68,000 overnight and hit a new three-month low.
But are there reasons for hope? Source: DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.
And check out our daily news show 'FOMO HOUR' covering all of the top stories and market action. On Sunday, Jensen Huang told employees he had been unfaithful to his wife of 40 years, and Nvidia’s board opened an investigation into whether he had been targeted by a foreign intelligence operation. On Wednesday, The Times reported a second relationship, this one with an executive who reports directly to him.
Three Republican committee chairs were preparing a subpoena. Thursday morning he resigned as president, CEO and board member, effective immediately. CFO Colette Kress takes over as interim CEO while keeping the CFO job. She has been Nvidia’s finance chief since 2013, through the entire AI buildout, and spent 13 years at Microsoft before that.
