Bitcoin slid to a three-month low after October U.S. CPI came in hotter than expected on November 10, 2026.
U.S. consumer prices rose 0.4% month over month in October, above the 0.3% forecast, while core CPI rose 0.3% versus 0.2% expected. By 05:56 GMT on November 11,
$BTC was down 1.2% at about $73,935, per Investing.com, with
$ETH off 2.4% near $2,066. XRP, Solana and BNB also traded lower.
CME FedWatch showed close to an 89% chance of a 25 basis point Fed hike in December, as traders largely unwound bets on a pause. Higher rates raise the opportunity cost of holding risk assets, and spot ETF outflows have continued into this week. Fed speakers and fresh ETF flow data are the next markers to watch.
#Bitcoin #CPI #Macro
DYOR. Not financial advice.