BTC falls below the $74,000 mark

The cryptocurrency market saw $178 million in long positions liquidated in the past hour due to higher-than-expected US October CPI data. AI Interpretation: The unexpected rebound in inflation data shattered market illusions about a short-term shift in monetary policy. This result reinforced the Federal Reserve's necessity to maintain high interest rates to combat persistent inflation. The rising cost of funding expectations quickly triggered a sell-off in high-risk assets. The market is repricing the risks of tightening liquidity, and the cryptocurrency market will continue to face significant deleveraging pressure in the short term.

Nasdaq 100 futures fell 1.5%, hitting a pre-market low.

Bitcoin price falls below $74,000. (Watcher.Guru)

On November 10, the Bitcoin ETF saw a net outflow of 3,081 BTC, equivalent to approximately $228.74 million; on November 7, it saw a net outflow of 14,833 BTC, equivalent to approximately $1.1 billion. On November 10th, the Ethereum ETF saw a net outflow of 65,908 ETH, equivalent to approximately $137.92 million; seven days prior, it experienced a net outflow of 150,813 ETH, equivalent to approximately $315.6 million. (Lookonchain)

Approximately 35.4% of BTC (7.12 million coins) are at risk of public key exposure, and this portion of assets may become a target for future quantum computers. Of the total supply, 25.8% is exposed due to address reuse, and 11.6% is held by exchanges. Transferring these tokens to new addresses eliminates this exposure risk. (glassnode)