Bitcoin fell as low as $67,652 on Friday, November 13, dropping below its 200-week moving average of around $68,000, as a stronger US dollar and rising bond yields hit risk assets. Bitcoin is down more than 3.5% over 24 hours, 16% over the past month and 17% this quarter. Earlier in the session it broke below $70,000 for the first time since August 19.The 200-week moving average is a long-term trend line that many traders watch as a deep support level in bear markets.Ether, XRP and SOL SlideThe selling spread across the market:Ether fell below $2,000 for the first time since August.XRP traded close to $1.Solana (SOL) fell below $80.Smaller tokens including GT, Stacks (STX) and Monero (XMR) dropped 7% or more.Dollar and Bond Yields ClimbThe Dollar Index (DXY), which tracks the US dollar against a basket of major currencies, rose above 103, its highest since April 2025. It has gained nearly 2% since early October as markets priced in more Federal Reserve rate hikes.Bond yields are rising worldwide. The US 10-year Treasury yield reached 5.125% and the 30-year 5.459%, and yields in the UK, France, Germany and Japan also rose. Higher yields make safer assets more attractive and tend to weigh on riskier ones such as bitcoin and tech stocks.Bets on a half-point Fed hike in December increased after Tuesday’s hotter-than-expected US inflation report. US October producer price data is due at 13:30 UTC today.$500 Million Liquidated as Bitcoin Broke $70,000More than $1.3 billion in crypto futures bets were liquidated over 24 hours, according to CoinGlass, with bitcoin accounting for $677 million. Nearly $500 million of that was wiped out as bitcoin fell below $70,000, showing how many traders had piled into leveraged positions.A liquidation happens when an exchange forcibly closes a leveraged trade because losses have used up the trader’s margin. The largest single liquidation was a bitcoin long worth more than $31 million on the decentralized trading platform Hyperliquid.Gold Slips, Oil ReboundsGold traded just below $3,900 an ounce as it tried to recover toward $4,000. Oil rebounded from recent losses, with WTI crude at $89 a barrel and Brent above $96. CoinDesk also pointed to reports of renewed tensions in the Middle East.Tech futures fell, and the DRAM memory ETF and VanEck Semiconductor ETF also traded lower on Friday.Microsoft Works to Restore Services After Global OutageMicrosoft is working to restore Outlook, Teams, Copilot and other Microsoft 365 services after a global outage disrupted businesses and government agencies, delaying some corporate results, according to Bloomberg. Microsoft said stability and capacity were improving and that there was no sign of malicious activity or a cyberattack.

Aviva reported growth in third-quarter insurance premiums and continued net inflows into wealth management, with its performance outlook in line with expectations and confidence in the rest of the year. According to Sina Finance, total gross written premiums were £3.71 billion, compared with £3.68 billion a year earlier. Wealth management recorded net inflows of £3.24 billion, up 29% year over year. Assets under management reached £266.64 billion as of September 30, compared with £223.62 billion a year earlier. Aviva reaffirmed its full-year guidance, saying operating earnings per share would be broadly in line with its 11% growth target. It also said it expected to meet the medium-term targets set through 2028 following its 2025 acquisition of Direct Line Group. CEO Amanda Blanc said Aviva’s ongoing business performance, its strengths in artificial intelligence and its leading market position gave the company greater confidence in meeting its three-year financial targets and achieving long-term profitable growth.

China's trade surplus and net foreign exchange settlement will continue to provide support, and the RMB exchange rate is expected to fluctuate more in both directions in 2027, with three scenarios determining its direction.

The removal of Jensen Huang is not the end of the AI ​​bubble, but rather the price of the re-entanglement of technology companies with political power.

Less than 24 hours after Jensen Huang resigned, Nvidia was in an uproar: more than 1,600 comments and hundreds of people signed a petition demanding his reinstatement, while the board of directors was asked to resign en masse.

Nvidia's injection of trust into the entire AI industry chain seems to make it stronger but also more vulnerable. Using Yang Xiaokai's theory of division of labor, Huang Renxun's move represents a choice of governance model.

Of the 24 companies, exactly half had earnings that diverged from the initial price trend, meaning that passing the earnings target does not necessarily mean the market is willing to offer a higher price.

On November 12, 2026, Jensen Huang officially resigned from his positions as CEO and other roles, ending his 33-year leadership career at the company. Nvidia's stock price fluctuated significantly, impacting the US AI industry chain and the crypto market. What will become of Nvidia without Jensen Huang?

There is no such thing as a universal asset; they are simply assets with different roles: US Treasury bonds are like wages, gold is like insurance, and Bitcoin is like options.

After Jensen Huang's resignation, Nvidia has a chairman for the first time. CFO Kress temporarily took over, and Harvey Jones chaired the board of directors. The company is shedding the founder's leather jacket.

Bloomberg reconstructs the final hours before Jensen Huang's resignation: He suffered a mental breakdown, blamed himself, saying "I'm a bad person," and the board held an emergency meeting overnight to decide to ask him to resign.

Where does China stand in the global robotics race? What are its competitive advantages? More importantly, where are the untapped investment opportunities?