Bitcoin fell to $73,518 at Tuesday’s Wall Street open on November 10, 2026, after US consumer-price data came in above expectations. TradingView data cited by Cointelegraph showed the price nearly matching Sunday’s low—its lowest since August 21—before returning above $74,000.
The Consumer Price Index rose 0.4% in October from the previous month, versus a 0.3% forecast. That was slower than September’s 0.6% increase. The Bureau of Labor Statistics said shelter prices rose 0.3% and accounted for more than 30% of the monthly increase in the overall index. Food prices rose 0.5%, while the energy index rose 0.7%, compared with 5.2% in September. The report did not include a year-on-year comparison because data had not been collected during the 2025 US government shutdown.
Economist Robin Brooks called the report “discouraging,” while noting that an oil-price spike had contributed to September’s figures. Earlier Tuesday, Federal Reserve governor Christopher Waller said he favored a 25-basis-point rate increase in December, even if inflation had cooled from September. After the CPI release, CME Group’s FedWatch Tool showed an 85.3% market-implied probability of a 25-basis-point increase and a 14.7% probability of a 50-basis-point increase; before the report, the cited probability of a 25-basis-point increase was 96.3%. These were market expectations, not a Fed decision.
US stocks also came under pressure at the open. The Nasdaq Composite initially fell 0.6% before recovering those losses. Trading resource Mosaic Asset Company pointed to unusually heavy selling pressure and said it could indicate a long-term bottom for the index—not that one had been confirmed.
Original report published November 11, 2026, at 00:25 UTC+8. Source: Cointelegraph.
