Reporting dated November 10–11, 2026, described a Tuesday decline in crypto prices after a hotter-than-expected U.S. inflation print. October’s Consumer Price Index rose 0.4%, above a 0.3% forecast. Core CPI rose 0.3%, above a 0.2% forecast. The Block framed those readings as raising concerns about the Federal Reserve’s interest-rate outlook.
At the prices cited in that report, bitcoin was at $73,363, down 1.6%, after trading below $74,000. Ether was down 3.7% at $2,042. Solana was down more than 4% and trading below $83. These are spot-price observations from the reporting window, separate from the technical levels and scenario comments below.
Bitget analyst Lewis Huang said higher yields and a stronger dollar could add to recent selling pressure. He identified the 200-day moving average near $73,200 as a level to watch and said a sustained move below it could increase the risk of a deeper pullback.
Matt Mena, senior crypto research strategist at 21Shares, called the $73,000 area particularly important because it sits near bitcoin’s pre-election 2024 all-time high and its April 2025 lows. He said a sustained break below that level could send bitcoin toward $69,000, near its 2021 cycle high. He also pointed to the 50-week moving average and said a break there could put further pressure on ether’s $2,000 area, with $1,800 the next level he mentioned.
21Shares also described a conditional upside path: if bitcoin held $73,000 and equities continued to rebound, the firm saw a possible retest of $78,000, and a move above that level as putting $85,000 in reach by year-end. The same report noted that November has historically been bitcoin’s strongest month, with an average return of 34.4% and a median gain of 8.6% since 2010. Those figures describe past Novembers, not an outcome for 2026.
Wincent senior director Paul Howard said maturing institutional participation and greater use of derivatives and hedging could reshape bitcoin’s volatility profile, because some investors can adjust exposure with options and other risk-management instruments instead of buying or selling the underlying asset on every macro development. Without a meaningful shift in monetary policy, regulatory clarity, or institutional capital flows, he said bitcoin was more likely to experience a gradual downward drift than a sustained rally toward a previously anticipated $100,000 level.
The levels and paths above are analysts’ assessments attached to the November 2026 CPI reaction. They are not buy or sell instructions, and the report does not establish that any one indicator caused the price moves.
Source: theblock.co (originally published 2026-11-11 03:37 UTC+8)
