U.S. consumer prices rose 0.4% in October, above the 0.3% forecast, in data released on November 10, 2026. Core prices rose 0.3%, also above forecasts. The government did not publish its usual annual inflation rate because the 2025 federal shutdown prevented it from collecting October data that year.
Bitcoin briefly fell from about $74,200 to $73,525 after the release, and about $178 million in leveraged crypto long positions were liquidated within an hour. Fed Governor Christopher Waller said a 50-basis-point rate increase should be considered at the December meeting; it was not a policy decision. Analysts put the odds of that increase at nearly 15%, while a smaller quarter-point rise remained the favorite.
