Bitcoin dropped to an intraday low of $72,787 following October's consumer price index (CPI) report showing a 0.4% inflation increase, higher than expected. This triggered over $632 million in crypto liquidations, mostly from long positions, amid concerns about persistent inflation and a potential Fed rate hike in December. The inflation data raised the odds of a 25-basis-point Fed rate increase to 85%, dampening crypto market recovery hopes. Analysts warn ongoing inflation pressures in services and energy could limit sustained gains for Bitcoin and the broader crypto market.
Bitcoin trades at Rp1.323.543.524 on Pluang as of Nov 10, 2026 23:42 WIB, down 2.20% in the last day. The platform shows a market cap of Rp26.519,33 trillion and a 24-hour trading volume of Rp447,65 trillion. Despite the recent price drop, typical hold time on Pluang remains steady at 113 days, indicating continued investor interest.
Economist Peter Schiff warned that Bitcoin could experience its first consecutive calendar-year losses if its price finishes lower in 2026. He cited declines of 6.34% expected in 2025 and a 16.5% drop so far this year. Historically, Bitcoin has never...
Zcash (ZEC) experienced a significant drop of 10.5% in a single day, falling below $1,100, marking its largest daily loss among four compared cryptocurrencies. Monero (XMR) also declined sharply by 9.2%, while Bitcoin (BTC) and Ether (ETH) saw smalle...
Bitcoin fell below $74,000 after US October inflation data showed a stronger-than-expected 0.4% monthly rise in CPI, raising concerns about persistent inflation. This increased expectations for a Federal Reserve rate hike in December, pressuring cryp...
Bitcoin's price fell 1.36% within one hour to $73,175 on Nov. 10, with a sharp decline of $1,009 from the previous hour on Binance. During the same period, long liquidations totaling $38.69 million far exceeded short liquidations of $5 million across...
Bitcoin's price fell below $73,000 USDT on the OKX exchange during the U.S. morning session on November 10, marking a 3.2% decline over the previous 24 hours. At 10:44 a.m. ET, the BTC/USDT pair was quoted at 72,999.9 USDT, just under the $73,000 thr...
