> ## Content Index > Fetch the complete content index at: https://www.bitcoinandshow.com/llms.txt > Use this file to discover other available public pages before exploring further. # The Market Is Having a Panic Attack. One Bitcoin is Still One Bitcoin. - URL: https://www.bitcoinandshow.com/the-market-is-having-a-panic-attack-one-bitcoin-is-still-one-bitcoin/ - Published: 2026-11-12T18:22:53.000Z - Updated: 2026-11-12T18:22:53.000Z - Description: Bitcoin's price is under pressure as Nvidia turmoil, MSCI's Strategy removal and shrinking stablecoin liquidity expose a jittery market—not a broken network. - Author: David Bennett - Tags: Podcast November 12th, 2026 [Bitcoin And | Bitcoin & Economic News • MSCI Drops MSTR | Bitcoin News • Listen on FountainBitcoin news and financial news update. Today I cover Nvidia CEO Jensen Huang’s resignation, MSCI removing Strategy from its indexes, Deutsche Bank launching bitcoin custody for institutional clients, and Rumble selling two-thirds of its bitcoin holdings. I also cover Russia’s new crypto trading rules, recently disclosed Bitcoin Core security vulnerabilities, and a $14.2 billion contraction in stablecoin supply.Topics for today:Nvidia CEO Jensen Huang ResignsMSCI Removes Strategy From USA IndexDeutsche Bank Launches Bitcoin CustodyRumble Sells Two-Thirds of Its BitcoinRussia Approves Regulated Crypto Exchange TradingBitcoin Core Discloses Patched Security VulnerabilitiesStablecoin Supply Drops $14.2 BillionCircle P Sponsor:SoapMinerTallow Soaphttps://soapminer.com/Discount code: Use "BITCOINAND" in the Cart's Coupon Code box for 10% off total purchaseShow Sponsor: BitBox.SwissToday’s Articles covering bitcoin news, financial news, and regulation:https://decrypt.co/383134/jensen-huang-resigns-as-nvidia-ceo-with-cfo-colette-kress-named-interim-chiefhttps://bitcoinmagazine.com/markets/msci-removes-strategy-mstr-usa-indexhttps://bitcoinmagazine.com/news/deutsche-bank-bitcoin-custody-livehttps://bitcoinmagazine.com/news/rumble-rum-sells-two-thirds-bitcoinhttps://bitcoinmagazine.com/news/russia-clears-exchange-crypto-tradinghttps://www.coindesk.com/tech/2026/11/12/bitcoin-core-reveals-bug-that-made-thousands-of-nodes-trust-any-stranger-on-torhttps://www.theblock.co/news/ecosystems/2026/11/11-stablecoin-supply-drops-14-2-billion-largest-contraction-since-2022-bear-market-437907 Get Your Free Comfrey Owner's Manual Here:https://www.bitcoinandshow.com/the-comfrey-owners-manual-is-here/Help a Brother Out With 5 Star Reviews:Apple Podcasts: https://podcasts.apple.com/us/podcast/bitcoin-and-bitcoin-economic-news/id1438789088Spotify Podcasts: https://open.spotify.com/show/1dsTluNHIPNsXVRghpqxhYAmazon Music: https://music.amazon.com/podcasts/9ef7d5b6-9137-439d-94eb-8071ec6bf890/bitcoin-and-bitcoin-economic-newsYouTube Music: https://music.youtube.com/playlist?list=PLWaKxaQF5Q5WiTq80SBYs\_7iLDtleV0rZFind the Bitcoin And Podcast on every podcast app here:https://episodes.fm/1438789088Find me on nostrnpub1vwymuey3u7mf860ndrkw3r7dz30s0srg6tqmhtjzg7umtm6rn5eq2qzugd (npub)6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32 (Hex)Twitter:https://twitter.com/DavidB84567StackerNews:stacker.news/NunyaBidnessPodcasting 2.0:fountain.fm/show/eK5XaSb3UaLRavU3lYrIApple Podcasts:tinyurl.com/unm35bjh Mastodon:https://noauthority.social/@NunyaBidnessSupport Bitcoin And . . . on Patreon: patreon.com/BitcoinAndPodcastFind Lightning Network Channel partners here:https://t.me/+bj-7w\_ePsANlOGEx (Nodestrich)https://t.me/plebnet (Plebnet)Music by:Flutey Funk Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensecreativecommons.org/licenses/by/3.0/![](https://storage.ghost.io/c/f0/aa/f0aa0680-a6bc-4043-a06c-ea68e5f6fa10/content/images/icon/favicon-95d689dc-f52e-4123-aa10-27c53d17dd8c.ico)Fountain: Podcasts & Music![](https://storage.ghost.io/c/f0/aa/f0aa0680-a6bc-4043-a06c-ea68e5f6fa10/content/images/thumbnail/639106766603011037Thumbnail_Podcast-100173b8-bb29-44f0-b64b-5021d0571ece.jpg)](https://fountain.fm/episode/CSxETlXlAeNnnC9rscw1?ref=bitcoinandshow.com) [Sign Up](https://www.bitcoinandshow.com/about/#/portal/) The markets are tinder-dry right now. That's probably the best way I can describe what we're watching. Nvidia CEO Jensen Huang has resigned following reports of personal misconduct and an investigation involving national security concerns, and the fallout has been enormous. I didn't think we'd get here quite this fast, but here we are. We've reached a point where one corporate scandal can send investors scrambling across completely unrelated markets. That's not what I'd call a healthy financial environment. That's what happens when everybody is already standing near the exit, just waiting for somebody to yell fire. Here's the question I keep coming back to: What has actually changed? Did Jensen Huang's resignation suddenly make Nvidia incapable of designing chips? No. Did the company's engineers forget how to build the technology that powers artificial intelligence? Of course not. Did millions of people suddenly decide they no longer want better AI tools? Absolutely not. Nvidia has lost the man who led the company for 33 years, and that's a significant event. I'm not dismissing that. But the market reaction tells me something about the psychology of investors that goes well beyond Nvidia itself. There's a difference between a company facing a genuine leadership problem and the entire financial market acting like civilization is about to collapse. Right now, we're seeing a whole lot more anxiety than clarity. As if to "help", along comes MSCI and throws another log onto the fire. Strategy, formerly MicroStrategy, is being removed from the MSCI USA Index effective November 30\. Funds tracking those indexes have to adjust their portfolios now. When MSCI removes a company, those funds don't get to sit around debating whether Michael Saylor is a genius or whether Bitcoin is the future of money. They have rules to follow, and those rules mean selling MSTR shares. That's going to create pressure on Strategy's stock and potentially on Bitcoin's dollar price. But there's an important distinction here: MSCI isn't forcing Strategy to sell its Bitcoin. It's removing the company's shares from an index. Those aren't the same thing, no matter how badly the market wants to treat them that way. And frankly, I can understand MSCI's position. Strategy has become an enormous corporate Bitcoin treasury operation. When a company's balance sheet is dominated by its Bitcoin holdings rather than the revenue generated by its underlying business, somebody eventually starts asking whether it belongs in an index intended for operating companies. I'm actually surprised this didn't happen sooner. You can disagree with MSCI's methodology, and there are reasonable arguments against its treatment of Bitcoin treasury companies, but the decision didn't come out of nowhere. Here's where I think Bitcoiners need to separate two very different ideas. **The price of Bitcoin is not Bitcoin.** If you're watching nothing but the dollar price, this is terrible news. I understand that. Nobody enjoys watching the value of their savings decline. But Bitcoin's ability to transfer value, verify ownership, operate without permission, and function as a decentralized monetary network hasn't suddenly disappeared because an index committee changed its mind. One Bitcoin still equals one Bitcoin. The market price is a measurement of what people are willing to pay for it today. It isn't a measurement of whether the network itself is working. That doesn't mean the financial pressure isn't real. Stablecoin supply has contracted by $14.2 billion over thirty days, the largest decline since the 2022 bear market. That's liquidity leaving the cryptocurrency market, and it's not exactly the kind of environment that makes a spectacular Bitcoin rally easier. Rumble has also sold roughly two-thirds of its Bitcoin holdings while its AI cloud business delivered the company's first profitable quarter on an adjusted EBITDA basis. Meanwhile, traders are trying to figure out whether the next move is a liquidation cascade, a short squeeze, or something else entirely. And I keep hearing people confidently explain what all these long and short positions supposedly mean. They don't know. Nobody knows which direction the market will move just because a bunch of traders have piled into one side of a trade. If the last several days have demonstrated anything, it's that one unexpected headline can make everybody's beautiful trading theory look ridiculous. Meanwhile, actual Bitcoin-related infrastructure continues moving forward. Deutsche Bank has activated Bitcoin custody services for institutional and corporate clients, although the bank controls the private keys, so don't confuse that with self-custody. Russia is preparing to permit regulated cryptocurrency exchange trading beginning November 22, subject to exchange-specific approvals. And Square has expanded Bitcoin payment acceptance across eligible American merchants, potentially putting Lightning payments in front of four million more businesses. Forget the charts for a minute. Can people actually use Bitcoin? Can they spend it? Can they receive it? Can they hold it securely? Those questions are just as important today as they were 17 years ago. And Bitcoin Core developers have disclosed three vulnerabilities that were already patched in earlier software releases. Bugs are serious, but identifying them, fixing them, and continuing to improve the software is exactly what responsible development is supposed to look like. So yes, I expect the rest of November could be rocky, and I wouldn't be surprised if the anxiety carries us right into the end of the year. Between Nvidia's leadership crisis, MSCI's decision, shrinking liquidity, and corporations selling Bitcoin, there's plenty of fuel for nervous investors to keep doing nervous-investor things. But I'm not going to confuse market panic with a fundamental failure of Bitcoin. Those are two entirely different conversations. One is about what frightened people are willing to pay for an asset on a particular Thursday morning. The other is about whether Bitcoin continues functioning as a decentralized monetary system that nobody needs permission to use. And as far as I'm concerned, that's the conversation worth having. --- --- Bitcoin market panic November 2026 MSCI removes Strategy MSTR from index Jensen Huang Nvidia resignation Bitcoin impact Bitcoin price versus Bitcoin fundamentals Stablecoin liquidity decline and Bitcoin market