Cointelegraph reports that Bitcoin has dropped to an 11-week low following October's US Consumer Price Index (CPI) data, which exceeded forecasts. This has led traders to anticipate a potential quarter-point interest rate hike by the Federal Reserve in December. The initial market reaction saw both Bitcoin and US stocks decline in response to the inflation figures.
Based on the Cointelegraph report; not independently verified.
Source published: Tue, 10 Nov 2026 16:25:03 +0000
[Read the original report](https://cointelegraph.com/markets/bitcoin-11-week-low-discouraging-us-cpi-inflation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
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