Bitcoin: 0.4% inflation threatens BTC’s rebound
Bitcoin fell back toward $73,600 on November 10, 2026, after U.S. inflation came in higher than expected. The Consumer Price Index (CPI) rose 0.4% in October, compared with expectations of 0.3%. Core inflation also exceeded forecasts. Investors are now anticipating another rate hike by the Fed in December, with the possibility of a larger-than-expected tightening.
U.S. inflation reaches 0.4% in October, compared with the 0.3% economists expected.
Bitcoin falls to around $73,600 after the CPI release.
Markets anticipate a Fed rate hike in December, potentially by 50 basis points.
Why is 0.4% U.S. inflation a concern for bitcoin?
The U.S. Bureau of Labor Statistics (BLS) released its inflation figures on November 10. Consumer prices rose 0.4% in October, following a 0.6% increase in September. Inflation therefore slowed over the month. The problem lies with the forecasts.
Economists had expected a more modest increase of 0.3%. The result exceeded their estimates by 0.1 percentage points. Bitcoin, already facing several headwinds in November, is now under renewed macroeconomic pressure.
Core inflation, which excludes food and energy prices, also came in at 0.3%. Forecasts had called for 0.2%. This indicator is of particular interest to the U.S. Federal Reserve. It provides a clearer picture of inflationary pressures that persist beyond fluctuations in energy prices.
October’s result follows the trend of the previous two months. Core inflation had already risen 0.3% in August and September.
$BTC
$RETL.ETF
$OCTV.US
#BTC
Bitcoin fell back toward $73,600 on November 10, 2026, after U.S. inflation came in higher than expected. The Consumer Price Index (CPI) rose 0.4% in October, compared with expectations of 0.3%. Core inflation also exceeded forecasts. Investors are now anticipating another rate hike by the Fed in December, with the possibility of a larger-than-expected tightening.
U.S. inflation reaches 0.4% in October, compared with the 0.3% economists expected.
Bitcoin falls to around $73,600 after the CPI release.
Markets anticipate a Fed rate hike in December, potentially by 50 basis points.
Why is 0.4% U.S. inflation a concern for bitcoin?
The U.S. Bureau of Labor Statistics (BLS) released its inflation figures on November 10. Consumer prices rose 0.4% in October, following a 0.6% increase in September. Inflation therefore slowed over the month. The problem lies with the forecasts.
Economists had expected a more modest increase of 0.3%. The result exceeded their estimates by 0.1 percentage points. Bitcoin, already facing several headwinds in November, is now under renewed macroeconomic pressure.
Core inflation, which excludes food and energy prices, also came in at 0.3%. Forecasts had called for 0.2%. This indicator is of particular interest to the U.S. Federal Reserve. It provides a clearer picture of inflationary pressures that persist beyond fluctuations in energy prices.
October’s result follows the trend of the previous two months. Core inflation had already risen 0.3% in August and September.
$BTC
$RETL.ETF
$OCTV.US
#BTC
