Bitcoin approaches an 11-week low after US inflation exceeds forecasts
Bitcoin fell alongside US stocks after an above-forecast October inflation reading reinforced expectations for a quarter-point Federal Reserve rate increase in December.
Bitcoin fell alongside US stocks after an above-forecast October inflation reading reinforced expectations for a quarter-point Federal Reserve rate increase in December. Bitcoin (BTC) is trading at $73,468.00, up 0.2% since this brief published. This is an original TLT brief based on reporting by Cointelegraph, with live market data added, as of Wed, 11 Nov 2026 01:30:04 UTC.
The inflation report connects Bitcoin’s weakness to shifting expectations for US monetary policy, with rate-sensitive assets facing pressure as traders price another quarter-point Fed increase.
- October US inflation exceeded forecasts, according to Cointelegraph.
- Bitcoin traded at $73,356, down 2.34% over 24 hours.
- BTC has fallen 5.07% over seven days.
- Traders expect a quarter-point Fed rate hike in December.
- Bitcoin Approaches October Inflation Data With Market Pressure Mounting
- Bitcoin approaches an 11-week low after US inflation exceeds forecasts — this brief
Cointelegraph reported that 
Bitcoin and US stocks initially declined after October US inflation came in above forecasts. Bitcoin moved toward an 11-week low as the data added to pressure on assets sensitive to interest-rate expectations.
The report said traders were expecting the Federal Reserve to raise rates by a quarter point in December. That expectation was the main monetary-policy context supplied for Bitcoin’s weakness, linking the above-forecast inflation reading with a more restrictive rate outlook.
Live market data showed Bitcoin at $73,356, a 2.34% decline over 24 hours and a 5.07% fall over seven days. Its market capitalization stood at $1.48 trillion, accounting for a substantial share of the $2.51 trillion total crypto market capitalization.
The wider crypto market was broadly lower, while the Fear & Greed Index registered 29, placing sentiment in the “Fear” category. The combination of Bitcoin’s weekly decline, a broadly weaker market and fearful sentiment provided the immediate backdrop for the inflation-related move.
The next relevant conditions are additional US inflation data and any changes in expectations for the Federal Reserve’s December meeting. Continued selling in Bitcoin or US equities would reinforce the connection between higher inflation and pressure on rate-sensitive markets, while the supplied figures do not establish how long the move could last.
Since this brief published about 9 hours ago, Bitcoin (BTC) has moved from $73,356.00 to $73,468.00 — +0.15%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will the Fed increase interest rates by 25 bps after the January 2027 meeting?
Crowd-implied probability on Polymarket, $181.02K 24h volume, resolves Jan 28 — snapshotted when this brief published (Nov 11 01:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦102.07M (about $73,468.00), down 2.1% over 24 hours. The naira itself trades about 2.9% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitcoin approaches an 11-week low after US inflation exceeds — questions & answers
What US inflation data prompted Bitcoin’s decline?
Cointelegraph reported that October inflation exceeded forecasts, contributing to an initial decline in Bitcoin and US stocks.
What December Fed move did traders expect?
Traders expected the Federal Reserve to raise interest rates by a quarter point in December.
Where was Bitcoin trading after the report?
Bitcoin was priced at $73,356, down 2.34% over 24 hours and 5.07% over seven days.
What did the Fear & Greed Index show?
The index stood at 29, placing crypto market sentiment in the “Fear” category.
How much is 1 Bitcoin worth in naira today?
About ₦102.07M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $73,468.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.15% since this brief first published — trading at $73,468.00 now versus $73,356.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointelegraph. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.