Bitcoin fell below $73,000, reaching an intraday low of approximately $72,836 before rebounding slightly to around $73,300. Solana (SOL) also hit a three-month low near $83 to $84 and underperformed Bitcoin during a broader cryptocurrency market sell-off. The decline followed a surge in U.S. inflation data, increasing concerns about potential interest rate hikes. Approximately $178 million in crypto positions were liquidated. Market participants are particularly anticipating a possible drop in Solana to $70 in November, while future U.S. inflation data, monetary policy decisions, Solana platform developments and regulatory actions could influence prices.
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