On Nov. 10, 2026, Bitcoin (BTC) fell 1.3% on the day to $74,080 on Bitstamp, according to TradingView data cited by Cointelegraph. Nasdaq 100 futures were down 0.4% ahead of the Wall Street open. These were readings at the time of the report, not current market prices.
The move came as Federal Reserve governor Christopher Waller said he would support a 25-basis-point rate increase at the Dec. 9 Federal Open Market Committee meeting even if October inflation improved from September. He said substantially higher-than-expected inflation could call for stronger action. Following his speech, CME Group’s FedWatch Tool showed market-implied odds of a 25-basis-point December hike rising from 76.3% to 96.3%. That repricing describes rate expectations; it does not, by itself, establish what caused Bitcoin’s decline.
October US Consumer Price Index data were due at 8:30 a.m. Eastern time on Nov. 10. The expected month-on-month increase was 0.3%, compared with September’s 0.6% gain. Waller also pointed to September Personal Consumption Expenditures inflation of 0.5% month on month and 3.7% year on year. The Bureau of Labor Statistics said the October CPI release would contain only month-on-month figures because the 2025 US government shutdown had limited data availability.
Source: cointelegraph.com (originally published 2026-11-10 18:08 UTC+8)
