---
title: "Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat"
url: https://thecoingazette.com/bitcoin-nears-11-week-low-after-discouraging-us-cpi-inflation-beat/
date: 2026-11-10
modified: 2026-11-10
lang: en
author: "Coin Gazette Editorial"
description: "Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarter-point Fed rate hike in December."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
image: https://i3.wp.com/s3-images.ctmedia.io/media/article-covers/2026/11/01M7321EC4JJA90DW6KN2X8639/us-inflation-1-960x640.webp?w=1400&fit=1400,960&ssl=1
word_count: 21
---

# Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat

Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarter-point Fed rate hike in December.