Bitcoin Breaks Below $73K as US Inflation Data Exceeds Forecast
Bitcoin fell below $73,000 after October CPI rose 0.4% month over month, above the 0.3% forecast. Core inflation rose 0.3%.
The decline intensified selling pressure across the cryptocurrency market, with Ethereum, XRP, and Solana also posting substantial losses as Bitcoin extended its slide.The October Consumer Price Index (CPI) increased 0.4% month over month, exceeding the 0.3% forecast, while core inflation rose 0.3…