Bitcoin Price Slides as Fed Crypto Bank Row Raises Fears

The bitcoin price fell below $73,000 during a sharp sell-off, then recovered part of the decline as traders weighed hotter US inflation, leveraged liquidations and a reported Federal Reserve dispute involving a crypto bank. CryptoNews also framed the story amid political and regulatory uncertainty, but its report does not name the bank or explain the Fed action.

CoinGecko put Bitcoin at $73,971 at 08:13 UTC on November 11, 2026, down 1.07% in 24 hours and 12.05% over 30 days.

What we know

CryptoNews reported on November 11 that Bitcoin had briefly dropped below $73,000 and was trading around $73,600 at the time of its report. CoinGecko’s later snapshot was $73,971, with a 24-hour range of $72,744 to $74,689. These are separate market readings, not one exact price.

CryptoNews attributed some pressure to October US inflation. It reported that the Consumer Price Index rose 0.4% month over month, above economists’ 0.3% expectation. Core inflation increased 0.3%, against a 0.2% forecast. CryptoNews said the hotter-than-expected inflation report had revived concerns about interest rates.

CryptoNews also cited CME rate-probability data showing an 86.3% chance of a 25-basis-point Fed increase to a 4%-4.25% target range and a 13.7% chance of a 50-basis-point increase. The reported probability of rates staying at 3.75%-4% had fallen to zero. These are market-implied probabilities, not a Fed decision or a statement of what the Fed will do next.

Forced closures added to selling pressure. CryptoNews cited CoinGlass data showing $732 million in crypto liquidations over 24 hours on November 11, including $578 million in long positions. Its opening also described more than $723 million, so the figures differ; both indicate heavy forced closures, with the detailed section giving the higher total.

CryptoNews said Bitcoin had fallen below its 50-week moving average near $76,100 after staying above it for seven weeks. It also reported about $1.28 billion in net outflows from US spot Bitcoin exchange-traded funds over the preceding week. These figures help explain traders’ focus on demand and technical levels, but neither establishes what happens next.

CryptoNews’s headline says the Fed blocked a crypto bank, while the supplied article text describes a banking dispute involving the Federal Reserve. It also refers to political anxiety and “Gensler 2.0” fears. The supplied text does not identify the bank or detail the alleged Fed action.

What is still unclear

The supplied text does not identify the bank or describe the alleged action in detail. It therefore does not establish the scope of the dispute or whether it signals a broader policy toward crypto firms.

CryptoNews presents “Gensler 2.0” as a fear and links political anxiety to recent US midterm results. The supplied text does not identify a related appointment or policy announcement.

The supplied CryptoNews text describes social media pushback against calling the decline a crash, including comparisons with a monthly Nasdaq decline. It does not provide supporting details for that comparison, so it should not be treated as a verified market consensus.

Market data and sentiment

Bitcoin price and broader crypto losses

CoinGecko’s November 11, 2026 data at 08:13 UTC showed Bitcoin down 5% over seven days and 29.65% over one year. Ethereum traded at $2,065.76, XRP at $1.058 and Solana at $83.16. All three were also down over 24 hours, suggesting weakness extended beyond Bitcoin.

The Crypto Fear & Greed Index was 29, classified as “Fear,” on November 11, according to Alternative.me. The reading describes sentiment, not a price level.

Asset	Price	24-hour change	As of
Bitcoin	$73,971	-1.07%	Nov. 11, 2026, 08:13 UTC
Ethereum	$2,065.76	-2.34%	Nov. 11, 2026, 08:13 UTC
XRP	$1.058	-3.01%	Nov. 11, 2026, 08:13 UTC
Solana	$83.16	-3.25%	Nov. 11, 2026, 08:13 UTC

The prices and changes are from CoinGecko’s market data. CryptoNews linked the sell-off to inflation, ETF withdrawals and liquidations. Its banking and political themes add uncertainty, rather than a confirmed explanation for the price move.

What it means for investors

Bitcoin price risks to keep in view

CryptoNews reported $732 million in crypto liquidations over 24 hours on November 11, including $578 million in long positions. The report also said the sell-off wiped out hundreds of millions of dollars in leveraged positions.

The banking story presents a separate risk. The supplied text does not detail the alleged Fed action, so it does not establish a broad banking ban or a settled regulatory shift.

The supplied text does not name the bank or detail the alleged decision. It reports inflation concerns, ETF outflows and liquidations, but does not establish what direction Bitcoin will take.

Bottom line

The bitcoin price is under pressure amid inflation concerns, liquidations and reported ETF outflows. CryptoNews also describes a Fed-bank dispute and “Gensler 2.0” fears, but the supplied text does not detail the alleged bank action.

Sources

• LIVE, Bitcoin Price Cooked? Gensler 2.0 Fears as Fed Blocks Crypto Bank (CryptoNews)

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrencies are highly volatile; always do your own research before investing.