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Bitcoin dips below $73K and Ether nears $2K amid $705M crypto liquidations after U.S. inflation data.

Market News
10 Nov 2026, 19:17 WIB
Tokenpost
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Bearish
Bitcoin dips below $73K and Ether nears $2K amid $705M crypto liquidations after U.S. inflation data.

Bitcoin fell below $73,000 and Ether approached $2,000 on Tuesday, following $705 million in crypto liquidations over 24 hours triggered by U.S. October inflation data. Bitcoin traded at $72,836 and Ether at $2,015, with most liquidations coming from long positions. The U.S. consumer price index rose 0.4% in October, slightly easing from September's 0.6% increase, while core CPI remained steady at 0.3%. These liquidations reflect leveraged traders closing positions due to margin calls, adding selling pressure to the market.

Bitcoin price action provides context for crypto markets. For readers following cryptocurrency, here is Pluang's market snapshot as of Nov 11, 2026 00:02 WIB: Out of 50 major cryptocurrencies, 7 rose and 42 fell today. Notable movers include ZIL at Rp29 with a 1-day change of -5.38%, CRV at Rp4.559 down 5.20%, and CAKE at Rp32.323 down 5.09%.

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