Bitcoin Price Today: Why BTC USD Fell Near $73,000 After US CPI Report and Could It Crash to $70,000 Next?
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7 Articles
The Economic Times
Times of IndiaBitcoin price today: Why BTC USD fell near $73,000 after US CPI report and could it crash to $70,000 next?
Bitcoin price today after CPI report: BTC USD price has dropped to $73,000 following a US inflation report indicating higher-than-expected consumer prices, raising fears of more aggressive interest rate hikes from the Federal Reserve. Explore the financial implications and future projections for Bitcoin.
The bitcoin retreats on Tuesday (10), after consumer inflation in the United States came above expected and reinforced the high interest bets by the Federal Reserve (Fed) in December. The consumer price index (CPI) rose by 0.4% in October, above the projection of 0.3%, while the core advanced by 0.3%, also above expected, by 0.2%. After disclosure, the bitcoin fell from about US$ 74.4 thousand to US$ 73.5 thousand, according to Vault Capital. Th…
Bitcoin Price Crashes to $72,787 After Hotter-Than-Expected CPI
Bitcoin fell below $73,000 on Tuesday after hotter-than-expected October inflation data showed consumer prices rising 0.4%. Bitcoin Slides as Inflation Data Sparks Market Volatility Bitcoin price fell below $73,000 on Tuesday following the release of October’s consumer price index (CPI) data, which showed a 0.4% monthly increase in inflation. According to Bitstamp data, the cryptocurrency […]
Bitcoin (BTC) Price Nears $73,000 as Loss-Making Exchange Inflows Fall
TLDR Bitcoin traded near $73,912 on November 10, according to CoinGecko. U.S. consumer prices rose 0.4% in October, exceeding the 0.3% forecast. Core consumer inflation reached 0.3%, above the expected 0.2%. U.S. spot Bitcoin ETFs recorded approximately $1.48 billion in net outflows across six sessions. BlackRock’s IBIT accounted for approximately $1.42 billion of those net withdrawals. Bitcoin (BTC) price slipped toward $73,000 on November 10 …
US inflation exceeds expectations and increases pressure on the Federal Reserve, while Bitcoin retreats to $73,600. Visa incorporates Monad into its stablecoins infrastructure and Moody’s tests the distribution of credit ratings via Chainlink. Binance warns about a vulnerability that could compromise private keys on iPhone, while AI governments and laboratories agree on new security measures.
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