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Bitcoin dips below $74K amid $1B leveraged crypto liquidations before U.S. inflation data

Market News
09 Nov 2026, 08:13 WIB
Tokenpost
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Bearish
Bitcoin dips below $74K amid $1B leveraged crypto liquidations before U.S. inflation data

Bitcoin briefly fell below $74,000 on Nov. 8 as over $1 billion in leveraged crypto positions were forcibly closed ahead of upcoming U.S. inflation data. It later recovered above $75,000. Over five U.S. trading sessions ending Nov. 6, Bitcoin ETFs saw a net outflow of $1.28 billion, with BlackRock's iShares Bitcoin Trust experiencing $1.21 billion in withdrawals. The October Consumer Price Index (CPI) report, due Nov. 10, is expected to influence market movements further.

Bitcoin's recent price volatility provides context for Pluang's cryptocurrency market snapshot as of Nov 09, 2026 12:41 WIB: Among 50 major cryptocurrencies priced on Pluang, 7 rose and 42 fell today. Notable movers include ALGO (Algorand) at Rp1.656 with a 1-day change of -3.55% and a Pluang order activity split of 73% Sell / 27% Buy, SAND (The Sandbox) at Rp745 with a -3.51% change and 68% Sell / 32% Buy activity, and KSM (Kusama) at Rp56.224 down 3.40%, with a typical hold time on Pluang of 81 days.

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