Bitget UEX Daily Report | Higher-than-expected inflation weighs on US stocks; Nvidia falls over 5% again; gold loses $4,100.

US October CPI rose 0.4% month-over-month versus 0.3% expected, with core CPI up 0.3% against a 0.2% forecast, reviving expectations for a larger Fed rate hike in December after Governor Waller floated 50 basis points. The repricing lifted Treasury yields and pressured high-multiple tech stocks, with Nvidia falling 5.47% and the Nasdaq leading index declines, while gold dropped about 2% and Brent crude settled at $91.49/bbl and WTI at $86.04/bbl. Crypto sold off in tandem, with BTC at 73,485.77 USDT (-2.19%) and ETH at 2,046.96 USDT (-3.81%) as total market cap fell 4.78% to about $2.47 trillion on roughly $79.11 billion in 24-hour volume. Spot BTC and ETH ETFs saw combined net outflows exceeding $1 billion in the week through November 10, and stablecoin supply contracted about 1.4% over the same weekly period, adding to liquidity concerns. Strategy holds 850,364 BTC at an average cost of $75,456 including fees, leaving BTC about 2.70% below that level, a threshold traders are watching alongside the $75,000 mark. Next catalysts include whether tech stocks absorb the rate shock, CoreWeave's $37-39 billion capex financing and Nebius's November 12 earnings for AI cloud demand signals, and upcoming bank credit-loss and consumer earnings data after US household debt rose $334 billion to $19.1 trillion with 5.0% of balances delinquent.