Bitcoin rebounded to around $68,700 after falling to roughly $67,500 on Friday, its lowest level since mid-August, but did not regain $70,000. TradingView data showed it down 4% on the day.
The US Bureau of Labor Statistics reported that producer prices rose 0.3% in October and 6.5% from a year earlier. Both readings were 0.1 percentage points below market expectations, though the annual rise was the largest since November 2022. Crypto analyst Rekt Capital warned that a weekly close below $73,000 on Sunday could mark Bitcoin’s third break of that support level in 2026; the close had not yet occurred.
