Bitcoin Price Today Falls Below $73K as CPI Fuels 50-Bps Fed Hike Bets

Key insights Bitcoin price today is trading at $72,875.49, down 2.8% and near its 24-hour low. October CPI rose 0.3%, while core prices advanced 0.3%, above the 0.2% forecast. Spot Bitcoin ETFs lost $1.28 billion during November’s first trading week, SoSoValue reported. Bitcoin price today dropped below $73,000 on Nov. 10, 2026, after U.S. consumer inflation exceeded forecasts. CoinGecko’s intraday snapshot placed Bitcoin (BTC) at $72,875.49, down 2.8% over 24 hours. The decline coincided with increased expectations of a December Federal Reserve interest-rate hike. The Bureau of Labor Statistics (BLS) reported a 0.4% monthly increase in October’s Consumer Price Index (CPI). Core inflation rose 0.3%, above forecasts of 0.2%. Meanwhile, spot Bitcoin exchange-traded funds (ETFs) continued recording withdrawals following a $1.28 billion weekly outflow.

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