#BTC fell below $75,000 before the US October CPI release

About BTC fell below $75,000 before the US October CPI release

As of the ranking window on 2026-11-10 05:00, BTC has experienced five consecutive weekly declines, falling below $75,000, with the 50-week moving average breached. Approximately $855 million in positions were liquidated on Sunday. The US spot BTC ETF saw a net outflow of about $1.28 billion in a single week. The CME FedWatch tool shows a 78% probability of a 25 basis point rate hike in December. The New York Fed survey indicates that consumer inflation expectations remain stable, but concerns about unemployment have risen to the highest level since 2020. The market is awaiting the US October CPI data to assess the likelihood of a December rate hike and the valuation pressure on risk assets.