🔥 Hot US Inflation Just Hit Crypto Again, With Around $700M in Liquidations Quick recap 👇 On Nov 10, the US released its October inflation data, and it came in hotter than the $BTC market hoped. Crypto reacted immediately, with roughly $700M in leveraged positions wiped out as traders rushed to price in a tougher Fed. 🏛 It was the last inflation reading before the Fed's December 8–9 meeting, so it basically sets the tone for the next rate decision. 📊 Economists expected about 3.9% annual inflation, up from 3.7% in September, so even "as expected" would have meant prices speeding up. 🎲 Before the release, CME FedWatch already showed about 80.5% odds of a rate hike in December, up from 70.7% a week earlier. 🗳 At the Oct 28 meeting, the Fed held rates at 3.75–4.00%, but two members already voted for a hike. 💸 US spot $BTC ETFs lost around $1.28B last week, so there was little big money to absorb the selling. 📉 BTC was already weak going in, after touching about $73,700 on Nov 9, its lowest level since August. What I'm watching next 👇 🔜 The PPI report on Nov 13 is the next inflation test. 🛡 For BTC, the 200-day moving average near $73,150 is the key support I mentioned earlier this week. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#