Bitcoin fell to US$73,540 (-2.1%) today (11th), and Ethereum lost US$2,049 (-3.67%). The U.S. CPI increased more than expected in October, pushing up the probability of the Federal Reserve raising interest rates. The three major U.S. stock indexes closed simultaneously. Nvidia plunged 5.5%, exacerbating the selling pressure on technology stocks, and the fear and greed index remained alert. (Preliminary summary: Bitcoin held 75,000 mg, Ethereum supported $2,128, U.S. AI stocks rebounded across the board, and the panic index continued to rise) (Background supplement: Huang Renxun suddenly admitted to an extramarital affair! Bitcoin surged to 73,000 mg in the morning, Ethereum fell below $2,060, and the panic index was 29) Bitcoin reported $73,540 on Binance today (11th), falling in 24 hours 2.1%, with a low of $72,727 and a high of $75,288. Ethereum simultaneously fell below the $2,100 mark, now trading at $2,049, a decrease of 3.67%, and reached a low of $2,006. The U.S. CPI in October, announced the day before, increased by 0.4%, higher than expected by 0.3%, and core CPI increased by 0.3%. Hot inflation data crushed U.S. stocks - the Dow Jones fell 0.30%, the S&P 500 fell 0.38%, and the Nasdaq fell 0.74%. Cryptocurrencies and traditional risk assets fell simultaneously. CPI exceeded expectations, U.S. stocks fell across the board, and Nvidia plunged 5.5%, intensifying selling pressure. The U.S. consumer price index released on Tuesday (10th) increased by 0.4% on a monthly basis, higher than the 0.3% expected by economists. The core CPI increased by 0.3% on a monthly basis, which also exceeded the standard. Rising inflation directly pushes up the probability of the Federal Reserve raising interest rates in December - the futures market predicts another 25 basis points increase to 66.9% on December 9 and then jumps to about 77%. Bond yields rebounded in response, with the 10-year Treasury yield once exceeding 5%. High interest rate expectations put pressure on highly indebted AI infrastructure companies. The three major U.S. stock indexes all closed in the black on the same day: the Dow Jones Industrial Average fell 0.30% (52,231.89 points), the S&P 500 fell 0.38% (7,520.93 points), and the Nasdaq fell 0.74% (25,065.88 points). Nvidia's stock price plummeted 5.47% to $168.89 as CEO Jen-Hsun Huang was investigated for extramarital affairs and alleged leaks, dragging down the technology index. Cryptocurrencies had already fallen in advance before the CPI was released - Bitcoin once broke through 80,000 US dollars after the election, but continued to ebb after the AI stock selling triggered a chain of liquidations on November 5, and the price has now fallen back to near a 6-week low. SOL and XRP were under pressure simultaneously, and multiple currencies fell across the board. Solana (SOL) fell 3.93% to $83.17 in 24 hours, with a high and low range of $81.34 to $86.79. The 14-day peak was $102.90 on October 29. Ripple (XRP) was the biggest loser, falling 4.49% to $1.0517, falling from a range of $1.10 to a low of $1.03 in 24 hours. Both currencies have hit range lows in the past 14 days, consistent with the trend of Bitcoin and Ethereum. Technical aspect: BTC remains above the lower Bollinger track, RSI is weak; ETH is deeply oversold. Bitcoin closed at UTC $73,796 on November 10, and the RSI14 was reported at 34.0, which is in the weak area. In terms of moving average structure, SMA20 is at $78,197, SMA50 is at $81,449, and SMA200 is at $73,191. The closing price is lower than the short-term moving average but still above SMA200. The long-term structure is stable. MACD maintains a bearish arrangement, with the column expanding from the previous day and kinetic energy increasing. The middle track of Bollinger Band (20,2) is $78,197 and the lower track is $73,415. The closing price is close to the lower Bollinger Band. From near to far, the pressure level is SMA20 $78,197 → SMA50 $81,449 → Bollinger upper track $82,979; the support level is Bollinger lower track $73,415 → SMA200 $73,191 → 30-day low $72,727. Based on Ethereum's UTC closing price of $2,053 on November 10, the RSI14 was at 29.6, which has entered the oversold zone. The moving averages fell across the board: SMA20 at $2,276, SMA50 at $2,458, SMA200 at $2,154, and the closing price was below all three moving averages simultaneously. MACD is also in a bearish arrangement, with the column expanding and momentum increasing. The lower Bollinger Bands track is $2,091, and the closing price is close to this level. The pressure level from near to far is the Bollinger Lower Track at $2,091 → SMA200 at $2,154 → SMA20 at $2,276; the support level is the 30-day low of $2,006. The fear index fell back to 29, and market sentiment is still within the warning line. Alternative.me's fear and greed index reported 29 today (11), classified as a fear zone (Fear), down 3 points from 32 the previous day. The data range for the past eight days has fallen between 25 (extreme fear on November 7) and 50 (neutral on November 5). Although the overall situation has improved, it continues to be within the warning line. From a macro perspective, the combined effect of last week's employment report (165,000 new jobs, far exceeding the expected 65,000) and this week's CPI exceeding expectations has raised the Fed's expectations for an interest rate hike in December to nearly 80%, putting risk assets generally under pressure. The crypto market has not yet fully digested the $6.3 billion theft from Binance, and the Bitcoin spot ETF has been losing blood for days. There is a lack of clear upward momentum in the short term. Related reports: Bitcoin holds $75,000, Ethereum holds $2,128, U.S. AI stocks rebound across the board, panic index continues to rise, Huang Jen-Hsun suddenly admits to extramarital affair! Bitcoin suddenly lost 73,000 mg in the morning, Ethereum fell below 2,060 US dollars, and the panic index was 29. Bitcoin may be black for five consecutive weeks! Mid-term elections, Apple warning clamped down on risky assets. Bitcoin held $75,900, and Ethereum held $2,240. U.S. AI stocks rebounded, and the fear index dipped to "25". Bitcoin fell below $78,000, and Ethereum dipped to $2,300! U.S. stocks were all dark during the session, with technology and encryption concept stocks all falling; Bitcoin fell below 72,700 Mg, and Ethereum fell to $2,049! CPI exceeds expectations and the U.S. stock market all-black panic index continues to fall> This article was first published in BlockTempo, the most influential blockchain news media.
Bitcoin fell below 72,700 magnesium, and Ethereum fell to $2,049! CPI exceeds expectations, U.S. stocks all-black panic index continues to fall
Bitcoin fell to US$73,540 (-2.1%) today (11th), and Ethereum lost US$2,049 (-3.67%). The United States […] Bitcoin fell below 72,700 US dollars, and Ethereum lost US$2,049! CPI exceeds expectations and the U.S. stock market all-black panic index continues to fall> This article was first published in BlockTempo, the most influential blockchain news media.

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