Historical report based on Cointelegraph’s publication dated Nov. 9, 2026, at 18:03:40 UTC+08:00. The scheduled events below were still ahead at the time of reporting.
Bitcoin briefly fell to about $73,500 late Sunday, Nov. 8—its lowest level since Aug. 21—before recovering above $75,000. The decline preceded a week of scheduled US inflation releases and Federal Reserve commentary, while an investigation announced by Nvidia added uncertainty to technology markets.
Calendar: inflation data and Fed commentary
The following were scheduled, not completed outcomes, in the original report:
| Date | Event | Reported timing |
|---|---|---|
| Tuesday, Nov. 10 | US Bureau of Labor Statistics releases October Consumer Price Index (CPI) | 8:30 a.m. ET |
| Tuesday, Nov. 10 | Fed Governor Christopher Waller speaks on the economic outlook at the Bank of England and its Watchers Conference 2026 in London | Time not supplied |
| Tuesday, Nov. 10 | Fed Vice Chair for Supervision Michelle Bowman speaks on the economic outlook at the C. Peter McColough Series on International Economics in Washington | Time not supplied |
| Friday, Nov. 13 | US Bureau of Labor Statistics releases October Producer Price Index (PPI) | 8:30 a.m. ET |
September consumer prices had risen 3.7% year over year. Gasoline prices increased 9.1% from August, accounting for more than half of the overall index’s monthly increase.
At the reporting snapshot, CME Group’s FedWatch Tool showed a 78.8% market-implied probability of a 25-basis-point rate increase in December. That was market pricing, not a confirmed Federal Reserve decision.
Bitcoin’s position entering the week
CoinGlass recorded about $1.12 billion in leveraged crypto liquidations over the 24 hours through 9 a.m. UTC on Monday, Nov. 9.
Bitcoin had fallen below its 50-week simple moving average of $75,492 and approached its 21-week average of $73,078. It also traded below the short-term holder cost basis, which CryptoQuant put at $75,691 on Monday. That metric estimates the average cost of coins last moved fewer than 155 days earlier.
A CryptoQuant community analyst estimated the cost basis of coins last moved one to three months earlier at about $79,300. The analyst suggested that this could become resistance if recent buyers sold near break-even; it was not a confirmed price ceiling.
Nvidia investigation: announced, with findings unresolved
Nvidia’s board said Sunday that it had launched an independent investigation into reports that CEO Jensen Huang had been targeted by a foreign intelligence effort. The board said it had no reason to believe US national security or company secrets had been compromised. China’s foreign ministry denied the spying allegations on Monday.
Nasdaq 100 futures fell early Monday, recovered and then turned lower again ahead of the US open. The investigation followed the previous week’s technology sell-off.
South Korean Vice Minister of Science and ICT Ryu Jemyung said Monday that he expected contracted Nvidia chip production and deliveries to proceed without disruption, according to CNA. This was an expectation about the schedule, not confirmation of completed deliveries.
Oil remained a variable, not a guaranteed catalyst
West Texas Intermediate crude futures traded near $90 a barrel Monday morning. Economist Robin Brooks argued that falling oil prices could support Bitcoin, equities and precious metals, and said a move to $75 a barrel was possible. His comments represented a forecast, not an observed outcome or an assurance of Bitcoin gains.
