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Bitcoin Slumps to Three-Month Low on Inflation Fears

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Bitcoin dropped to its lowest level in nearly three months on Tuesday, November 10, 2026, as rising US inflation and signals of further interest rate hikes dampened investor appetite for risky assets like cryptocurrencies.

The original digital currency fell as much as 3% to $72,695, widening its year-to-date loss to around 17%. Smaller, more volatile tokens saw even steeper declines, with Ether and XRP both down more than 5%, while Zcash tumbled about 14%.

The decline in Bitcoin and other cryptocurrencies reflects broader market concerns over inflation and monetary policy tightening. Investors appear to be shifting away from high-risk assets in favor of safer havens amid economic uncertainty.

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