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Bitcoin Falls Below ¥11 Million as Nvidia CEO Resignation and MSCI Exclusion Weigh

Bitcoin's yen price fell below ¥11 million, its lowest in 3 months, due to Nvidia's CEO resignation, MSCI index exclusions, and US inflation data. Nvidia shares dropped 14%, and US Bitcoin ETFs saw $595.98M outflows. Analysts cite risk aversion and index-tracking fund selling pressure.

Original reporting
finance.biggo.com
Published Nov 13, 2026, 7:36 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 13, 2026, 8:01 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefCrypto
Primary signal
$BTC-USD
Bearish
medium confidence
Mentioned
$BTC-USD · $NVDA · $MSCI
Relevance
7/10
AlphAI data visualization · based on finance.biggo.com
Decision brief

The 30-second read

$BTC-USDBearishHigh
01

Why it matters

The combined tech and index‑fund pressure is likely to keep Bitcoin under pressure in the short term, though any positive catalyst could reverse the trend.

02

Market read

Crypto markets are reacting to tech sector turmoil and index‑fund rebalancing, creating a short‑term trading opportunity.

03

What to watch

Potential inflows from institutional investors or policy shifts could offset the current downside.

Relevance 7/10Novelty 8/10Timing: today

Background

Bitcoin’s price drop follows a string of negative tech news, notably Nvidia’s CEO resignation and MSCI’s plan to drop major Bitcoin holders from its indexes.

Company-level read

Ticker impact

$BTC-USDBearishMedium confidence
Context

Bitcoin fell below ¥11 million, down about 6.6% in 24 hours, after Nvidia CEO resignation and MSCI index exclusions pressured risk assets.

Expected impact

likely pressure as traders price in broader tech weakness and index‑fund outflows

Evidence & confidence

Crypto is reacting to macro‑tech risk factors; no new fundamental support for Bitcoin, so momentum may stay negative.

Market effects

Sector

Tech sector weakness spills into crypto, reducing risk‑on appetite.

Regional

Japanese yen‑denominated Bitcoin price shows sharp decline, indicating regional investor sentiment shift.

Global

Crypto markets worldwide may see sell pressure as broader risk assets retreat.

Counterpoint

What could challenge this read

If the sell‑off is over‑reacted, Bitcoin could find support and rebound on liquidity needs.

Key entities

  • Company
    Nvidia

    CEO Jensen Huang resigned, causing a 14% share drop and broader tech sell‑off.

  • Index Provider
    MSCI

    Announced removal of major Bitcoin holder Strategy from US indexes, prompting fund outflows.

Read at source← All news

StoryBitcoin drops below $70,000 amid Nvidia CEO resignation, Fed rate‑hike bets and MSCI exclusion

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