Bitcoin fell toward $73,500 at the Wall Street open on Tuesday after U.S. inflation data came in above expectations. The Consumer Price Index rose 0.4% month over month in October, compared with the 0.3% forecast, although energy price growth slowed significantly. Federal Reserve Governor Christopher Waller favored a 25-basis-point rate hike in December, a scenario markets now price at an 85.3% probability. U.S. stocks also came under pressure, with the Nasdaq Composite down 0.6% at the open before trimming its losses and Nvidia shares falling nearly 4%.
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