LIVE – Bitcoin Price Rebounds Despite Quantum Threat as Nvidia’s Jensen Huang Faces Ouster After Two Affairs

Bitcoin price has rebounded from recent lows as Nvidia board considers ousting CEO Jensen Huang following revelations about two extramarital affairs. Meanwhile, Glassnode data shows that 7.12 million BTC, worth more than $500 billion, already has publicly visible keys that future quantum computers could potentially exploit.

The developments put two of the technology industry’s biggest names under pressure. Bitcoin faces growing questions about its long-term cryptographic security, while Nvidia confronts a leadership crisis that could draw its AI dominance and ambitions in quantum computing.

Nvidia shares plunged more than 8% in extended trading after reports emerged that directors were preparing to remove Huang. The board is also considering an interim CEO before launching a wider search for a permanent replacement.

Discover: The Best Token Presales

Bitcoin price recovered from its November 10 low of $72,600, reaching around $74,000 before easing to $73,700 this morning. The rebound offers bulls some relief after a sharp correction earlier this month. However, Glassnode has identified a potentially huge vulnerability affecting more than a third of Bitcoin’s issued supply.

According to a Glassnode update, approximately 35.4% of Bitcoin’s supply, equivalent to 7.12 million BTC, has publicly visible keys. At current market prices, those holdings are valued at more than $500 billion.

The exposure largely comes from address reuse. When Bitcoin holders spend from an address, their public keys become visible on the blockchain. Any remaining coins associated with those keys could become targets for sufficiently powerful quantum computers. Glassnode also says moving those coins to fresh addresses ends this exposure.

The concern centers on Shor’s algorithm, which could theoretically allow quantum computers to derive private keys from publicly available information. That would undermine the cryptographic security protecting vulnerable Bitcoin holdings.

Bitcoin developers are already exploring ways to address the challenge. BIP 360 proposes new transaction structures designed to reduce public-key exposure, while BIP 361 outlines a potential migration away from vulnerable signature schemes.

Nvidia’s leadership crisis has escalated dramatically after Reuters reported that its board was meeting late Wednesday to decide whether to remove Huang. The 63-year-old founder has led Nvidia for more than three decades, transforming it into the dominant supplier of AI processors. But revelations about two extramarital relationships have triggered an internal investigation and intensified scrutiny of his leadership.

The first controversy involves Alice Huang, a businesswoman whose relationship with Jensen Huang has attracted attention from US intelligence officials. She is reportedly suspected of facilitating Nvidia chip shipments to Chinese companies. The investigation has raised concerns about potential Chinese intelligence involvement and whether Nvidia’s technology reached restricted customers.

BREAKING: Nvidia, $NVDA, is now working with an "outside firm" to find a new CEO to replace Jensen Huang, per Bloomberg.

The company is also reportedly weighing naming a temporary CEO while searching for a replacement.

A second relationship emerged through a New York Times report identifying Kimberly Powell, Nvidia’s vice president of healthcare. Powell reportedly worked directly under Huang, creating additional corporate governance questions.

Huang acknowledged being unfaithful to his wife in a message to employees, taking responsibility for his actions. The board’s response has shifted rapidly. Directors previously expressed confidence in Huang, but Bloomberg subsequently reported that Nvidia had engaged an outside firm to identify potential replacements.

It should be noted that Nvidia has 11 directors, with all but Huang considered independent. Its bylaws allow a majority vote to remove the CEO.

Chief Financial Officer Colette Kress has emerged as a potential interim successor, while data-center executive Ian Buck has attracted attention as a possible longer-term candidate. The timing is particularly sensitive, with Nvidia scheduled to release quarterly results on November 17.

Bitcoin’s market recovery remains an important counterpoint for all these developments. Bitcoin price has managed to recover from its November 10 sell-off, with buyers stepping in around $72,700. Reclaiming $74,000 would give bulls another opportunity to challenge higher resistance levels.

The quantum threat is pushing developers to consider changes that could strengthen Bitcoin’s security over the coming years. Nvidia faces a different challenge. Losing Huang would remove the founder most closely associated with its AI dominance, potentially forcing investors to reassess the company’s leadership and long-term strategy.

The $500 billion quantum exposure has added another major scare to the market. But Bitcoin’s ability to adapt could become just as important as its price performance.

Discover: The Crypto Presales This Q4 2026

The post LIVE – Bitcoin Price Rebounds Despite Quantum Threat as Nvidia’s Jensen Huang Faces Ouster After Two Affairs appeared first on Cryptonews.