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Friday's 'black opening' continued the bitcoin decline, with U.S. stock indices closing lower

2026-11-12 23:47:03
Shareshare
BlockBeats news, November 13: Federal Reserve officials delivered a series of hawkish statements on Thursday, reinforcing market expectations of further tightening by the central bank. Meanwhile, the ongoing Nvidia controversy continues to escalate—Jensen Huang resigned from all positions; Huang agreed to testify before the House Foreign Affairs Committee; U.S. media reported that Nvidia faces an antitrust investigation by the Department of Justice; and Huang was exposed to have an intimate relationship with a second Nvidia employee. Nvidia's stock decline dragged down U.S. AI-related stocks. According to HTX market data, Bitcoin's downward trend continued, now trading at $71,222, its lowest level since September, with a 24-hour drop of 3.6%. According to data from the BIT stock platform, U.S. stocks closed lower on Thursday: the Dow dropped 0.36%, the S&P 500 fell 0.35%, and the Nasdaq declined 0.39%. Nvidia (NVDA.O) closed down 4.3%, dipping as much as 13% during the session. Nvidia's competitors Broadcom (AVGO.O) and AMD (AMD.O) rose over 5.5%.
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