Stock Market LIVE Updates, Sensex Today: Sensex Drops 400 Points, Tech Shares In Focus Amid Nvidia Sell-Off

"Crypto markets extended their decline, with Bitcoin falling 4.6% toward $70,000 and Ethereum dropping 3% below $2,000. Selling pressure spread across major altcoins, including BNB, SOL and XRP. According to CoinGlass, $855.76 million in leveraged positions were liquidated over 24 hours.

The selloff reflects a combination of US technology-stock weakness, institutional outflows and tighter monetary-policy expectations. Nvidia shares closed 4.3% lower,  while the Nasdaq declined 0.39% and the S&P 500 lost 0.35%, adding pressure to risk-sensitive assets.

Institutional demand remains weak. US spot Bitcoin ETFs recorded approximately $299.9 million in outflows on November 11, extending five-session withdrawals to around $1.44 billion.

Technically, both BTC and ETH remain below their major moving averages on daily and four-hour charts. Bitcoin is testing $69,800-$70,000 support, with $68,000-$68,500 as the next downside zone. Ethereum faces support at $1,970-$2,000, followed by $1,920.

The near-term outlook remains bearish. ETF flows, US inflation data and the ability of BTC and ETH to reclaim $72,000 and $2,060, respectively, will be key to determining whether markets stabilize or extend their decline. Today's US Producer Price Index release could influence expectations further."