Bitcoin Slips From $81,000 as Traders Wait for US Inflation Data
Bitcoin traded at about $74,600 on 10 November 2026, which is roughly Rs 69.7 lakh, according to market reports. That is about 2.4% lower than a week ago and below the recent high of about $81,000.
Why Bitcoin pulled back
- ETF outflows. US spot Bitcoin exchange-traded funds saw net outflows of about $1.28 billion between 2 and 6 November, according to one report. Money going out of these funds can reduce buying pressure.
- Waiting for US inflation data. Traders are cautious before the next US consumer price index (CPI) report. If inflation looks stubborn, investors may expect interest rates to stay high or rise, which can hurt risk assets like Bitcoin.
What traders are watching
- Over the past 24 hours, Bitcoin traded between about $73,300 and $76,100.
- Some analysts say buyers have been defending the 20-week moving average near $73,800. If that level breaks, the price could fall further. If it holds, Bitcoin could try to move back towards recent highs. These are technical views, not guarantees.
What it means for Indian investors
Crypto prices move 24 hours a day, so the price you see can change quickly. Also remember the tax rules in India: profits are taxed at a flat 30%, there is a 1% TDS on sales above certain limits, and losses cannot be set off against other income. Read our guide to crypto tax in India before you trade.
Crypto is very volatile. Only invest money you can afford to lose, use a reputable exchange, and do your own research.
This article is for general information and is not investment advice.
Sources: Sunday Guardian, KuCoin and CoinCodex market reports, 10 November 2026.