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Crypto Market Plunges as US Inflation Fuels FED Rate Hike Fears – What’s Next for Bitcoin Price Rally?

Coinpedia·November 11, 2026·1 min read
Crypto Market Plunges as US Inflation Fuels FED Rate Hike Fears – What’s Next for Bitcoin Price Rally?

The crypto market plunged as US inflation fueled fears of a Fed rate hike. Bitcoin slid below $73,000, with major altcoins extending losses. Over $723 million was liquidated in 24 hours, and continued withdrawals from spot Bitcoin ETFs added to concerns about institutional demand.

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