THE BLOCK · 2026-11-10 19:38 UTC

Bitcoin slides below $74,000 after hotter-than-expected CPI as analysts warn of drop to $70k

October CPI rose 0.4%, above the 0.3% forecast, and core CPI rose 0.3% against 0.2% expected, raising concerns about the Fed's rate outlook. Bitcoin was trading at $73,363, down 1.6%, with Ether down 3.7% to $2,042 and Solana down more than 4% below $83. Analysts flagged the $73,000 level and the 200-day moving average near $73,200 as key support, with a break potentially opening a move toward $69,000.

Loading the story on Tree News…