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Bitcoin dips to $72,787 as US inflation rises, triggering $632M crypto liquidations and higher Fed rate hike odds.

Market News
10 Nov 2026, 18:40 WIB
Tokenpost
View Source
Bearish
Bitcoin dips to $72,787 as US inflation rises, triggering $632M crypto liquidations and higher Fed rate hike odds.

Bitcoin fell to an intraday low of $72,787 following the release of the US October inflation report, which showed a 0.4% month-over-month increase, surpassing expectations. This inflation data pushed the probability of a Federal Reserve rate hike in December to 85%, up from 77%. The broader crypto market saw liquidations exceeding $632 million in the previous 24 hours, with over $511 million from long positions. These developments highlight increased market volatility and investor caution ahead of the Fed's next move.

Bitcoin's recent price drop is context for readers following cryptocurrency markets. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 11, 2026 00:02 WIB: out of 50 major cryptocurrencies, 7 rose and 42 fell. Notable moves include SXP (Solar) down 46.27%, ONE (Harmony) up 21.64% with 73% sell activity, and BAL (Balancer) up 11.14%.

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