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Bitcoin slips below $74,000 as hotter core inflation rattles risk assets

Bitcoin slips below $74,000 as hotter core inflation rattles risk assets
AI summary

Bitcoin fell below $74,000 after October core inflation came in above forecasts, with the cryptocurrency swinging more than $1,100 in the five minutes following the Bureau of Labor Statistics release before settling in the high-$73,000s. Hotter-than-expected inflation typically pressures risk assets by reinforcing expectations that interest rates stay higher for longer, which weighs on crypto. Traders will watch whether BTC holds the $73,000 area or extends the drop.

Narrative history
47 linked stories · 14 outlets · since 14 Oct
  1. 20M AGO
    You’re reading this
    Bitcoin slips below $74,000 as hotter core inflation rattles risk assets
    Unchained · Score 62
  2. 26M AGO
  3. 29M AGO
    crypto.news · Score 75 · via $74,000, drops $74,000
  4. 1H AGO
    The Defiant · Score 55 · via US CPI, CPI
  5. 1H AGO
    BeInCrypto · Score 65 · via Hot US, US CPI
  6. 1H AGO
  7. 3H AGO
  8. 4H AGO
  9. 4H AGO
    Cointelegraph · Score 65 · via $74K, Fed rate-hike
  10. 12H AGO
    CryptoNews · Score 15 · via Zuckerberg Meta, Mark Zuckerberg
  11. 16H AGO
    CryptoNews · Score 25 · via CPI, hotter-than-expected hotter-than-expected
  12. 19H AGO
    Decrypt · Score 55 · via Inflation, Fed rate
  13. 9 NOV · 13:52
  14. 9 NOV · 10:20
    CryptoPotato · Score 72 · via $74K, drops $74K
  15. 9 NOV · 08:50
    crypto.news · Score 55 · via keeps rate, alive
  16. 9 NOV · 06:02
    crypto.news · Score 78 · via $74K, Bitcoin drops
  17. 8 NOV · 23:36
    BeInCrypto · Score 78 · via $74K, Falls $74K
  18. 6 NOV · 17:49
    Cointelegraph · Score 62 · via lift December, rate-hike bets
  19. 6 NOV · 14:30
    Bitcoin Magazine · Score 55 · via lifts December, December Fed
  20. 5 NOV · 23:32
    CryptoNews · Score 15 · via Zuckerberg Meta, Mark Zuckerberg
  21. 1 NOV · 17:23
    BeInCrypto · Score 45 · via Inflation Fed, Inflation
  22. 28 OCT · 21:47
    CryptoNews · Score 15 · via Zuckerberg Meta, Mark Zuckerberg
  23. 22 OCT · 16:04
    Bitcoin Magazine · Score 55 · via revives rate-hike, revives
  24. 17 OCT · 11:13
    BeInCrypto · Score 20 · via slips hot, hot inflation
  25. 15 OCT · 15:53
    Bitcoin Magazine · Score 65 · via hot inflation, inflation data
  26. 15 OCT · 15:20
    Decrypt · Score 75 · via Hot inflation, rate-hike
  27. 15 OCT · 13:53
    The Defiant · Score 65 · via bitcoin slips, slips
  28. 15 OCT · 13:33
    Bitcoin.com News · Score 72 · via gasoline, Fed rate
  29. 15 OCT · 12:46
    CryptoPotato · Score 55 · via sell-off sell-off, inflation data
  30. 15 OCT · 11:48
    Decrypt · Score 72 · via hike fears, hike
  31. 15 OCT · 10:16
    CoinDesk · Score 65 · via Bitcoin slips, slips
  32. 15 OCT · 09:40
    CryptoNews · Score 25 · via hike fears, revives
  33. 15 OCT · 07:28
    CryptoNews · Score 65 · via Fed rate, CPI
  34. 15 OCT · 03:57
  35. 15 OCT · 01:05
    Crypto Briefing · Score 55 · via Hot US, US inflation
  36. 14 OCT · 21:10
    CryptoSlate · Score 72 · via rate hike, hike
  37. 14 OCT · 17:52
    Bitcoin.com News · Score 65 · via slips hot, Bitcoin slips
  38. 14 OCT · 16:51
    The Block · Score 75 · via hike fears, CPI
  39. 14 OCT · 14:51
    Decrypt · Score 75 · via Fed rate, rate hike
  40. 14 OCT · 14:30
    Bitcoin Magazine · Score 55 · via hot US, US inflation
  41. 14 OCT · 13:50
    Bitcoin.com News · Score 75 · via Gasoline, inflation hits
  42. 14 OCT · 12:59
  43. 14 OCT · 12:35
    CryptoPotato · Score 75 · via hike fears, Fed rate
  44. 14 OCT · 12:35
  45. 14 OCT · 12:33
  46. 14 OCT · 11:15
    CoinDesk · Score 20 · via US inflation, Print
  47. 14 OCT · 09:45
    CoinDesk · Score 55 · via Bitcoin slips, slips
  48. 14 OCT · 03:50
    CoinDesk · Score 55 · via rate hikes, hikes
Most read · 72h

Bearish Why is Bitcoin price down today?

Bitcoin fell more than 6% toward $75,000 on November 6, trading around $75,388, as a major sell-off in US technology stocks and heavy..

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