Bitcoin: Inflation at 0.4% Threatens BTC's Rebound

Bitcoin declined to around 73,600 dollars on November 10, 2026, following the release of higher-than-expected US inflation. The Consumer Price Index (CPI) rose by 0.4% in October, compared to the anticipated 0.3%. Core inflation also exceeds forecasts. Investors now anticipate another Fed rate hike in December, with the possibility of a larger tightening than expected.

In Brief

Why Does US Inflation at 0.4% Worry Bitcoin?

The US Bureau of Labor Statistics (BLS) published its inflation figures on November 10. Consumer prices rose by 0.4% in October, after a 0.6% increase in September. Inflation thus slows over one month. The problem comes from the forecasts.

Economists expected a limited increase of 0.3%. The result exceeds their estimates by 0.1 percentage points. Bitcoin, already facing several unfavorable factors for November, thus faces new macroeconomic pressure.

Core inflation, which excludes food and energy prices, also reaches 0.3%. Forecasts had estimated 0.2%. This indicator particularly draws the attention of the US Federal Reserve. It better observes inflationary pressures that persist beyond fluctuations in energy products.