Bitcoin Price USD: Can BTC Defend $74K Ahead of U.S. CPI Data?

Bitcoin price USD hovered near $74,500 on Nov. 9 after dipping to $73,510. The BLS scheduled its October CPI report for Nov. 10 at 8:30 a.m. ET. Crypto liquidations topped $1.04B, while spot Bitcoin ETFs lost $1.28B in a week. Bitcoin (BTC) slipped to around $74,500 on Nov. 9, losing nearly 2% in a day. The drop came just ahead of October’s U.S. CPI report, due on Nov. 10. Bitcoin Price USD Fell to $73,510 as Longs Got Wiped Out Monday’s weakness began in early Asian trading. BTC touched $73,510 before recovering above $75,000, according to KuCoin’s daily report . CoinGecko data showed Bitcoin at $74,289 around 06:00 UTC. Leveraged traders took the biggest hit. Roughly $1.04 billion in crypto positions were liquidated, and most were longs, per CoinGlass .

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