In Bitcoin news today, two of the market’s best-known buyers added BTC, and the price did not budge. Strategy said on Monday that it bought 1,037 BTC last week. Hours later, Trump Media reported that it added a net 1,510 BTC, worth about $113 million, in the third quarter.
Bitcoin trades at $74,277 on Tuesday, down 0.8% in 24 hours and 3.5% in a week. It is lower than when either announcement came out.
The market has a bigger event on its mind. The U.S. October consumer price index (CPI), the main inflation report, comes out at 8:30 a.m. in New York, or 13:30 UTC. This morning, Federal Reserve Governor Christopher Waller said a hot reading could justify a half-point rate hike in December.
A MASSIVE WHALE IS SHORTING BITCOIN RIGHT BEFORE THE U.S. CPI REPORT.
The trader has opened a $95 MILLION BTC short at $75,302, using 13x leverage.
Does this whale know something the market doesn't? pic.twitter.com/J9J25JCk0A
— Crypto Rover (@cryptorover) November 10, 2026
We checked how Bitcoin traded before the last 24 CPI reports. Its range over the past 48 hours is 3.6%, tighter than before 18 of them.
So is the market just waiting for CPI before its next move?
Bitcoin Has Gone Quiet, but Quiet Has Not Meant a Breakout
The waiting shows in the price. Over the past 48 hours, Bitcoin has traded between $73,510 and $76,200. That gap is 3.6% of the price.
We compared it with the same 48-hour window before each of the last 24 CPI releases, from October 2024 to October 2026, using hourly prices from Binance. The usual range was 4.8%. Only 6 of the 24 reports came after a quieter stretch than this one.
A quiet build-up has not led to a big move. After those six quiet stretches, Bitcoin’s range over the next 24 hours was wider than usual only once, in January 2026. The other five days stayed calmer than a typical CPI day, and the price went up three times and down three times.
So the market does look like it is waiting. History says the wait does not tell you which way Bitcoin goes next, or that the move will be large.
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Bitcoin News: Strategy and Trump Media Bought, and the Price Fell Anyway
The buying is real. It has not been large enough to turn the price.
Strategy, the largest company holding Bitcoin, now owns 850,364 BTC, its own tracker shows. That is about 4% of all the Bitcoin that will ever exist. Last week’s 1,037 BTC was worth about $77 million at today’s price. Bitcoin traded between $73,772 and $75,568 on Monday, the day of the announcement, and now sits near the bottom of that range.
Trump Media is the company behind Truth Social. President Donald Trump is its largest shareholder, but the company made the purchase, not Trump himself. It reported holding 15,649 BTC at the end of September in its third-quarter results on Monday.
- Gross buying: 4,359 BTC in the quarter, Chief Financial Officer Phillip Juhan said on the earnings call. His comments were first reported by crypto.news. The company paid for part of the buying by selling shares of BlackRock’s Bitcoin ETF.
- Net change: 1,510 BTC more than at the end of June, after other moves in the portfolio.
- Value now: about $1.16 billion at $74,277, down from about $1.31 billion on September 30.
The results landed on Monday evening, a day after Bitcoin hit its low. BTC was near $75,000 at the time and has drifted lower since.
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Waller Raised the Stakes Hours Before the Release
The Fed is the reason CPI matters so much this month. The central bank is debating whether to raise interest rates again. Higher rates make cash and bonds pay more, which tends to pull money away from assets like Bitcoin.
Waller spoke in London this morning. In his speech, he said he leans toward a 0.25 percentage point hike at the Fed’s December meeting even if inflation improves in October.
He went further on a hot report. If core CPI, which leaves out food and energy, rises about 0.3% again, he said a 0.5 point hike “should be considered”. Economists expect core prices to have risen about 0.2% in October.
That gives the report two clear outcomes for Bitcoin. A reading near 0.2% keeps the December hike small. A reading of 0.3% or more puts a larger hike on the table.
Bitcoin Price Analysis: Can BTC Hold $73,510 Through CPI?
Bitcoin trades at $74,277 on Binance, 1% above Sunday’s low of $73,510.
On the four-hour chart, where each candle covers four hours, Bitcoin sits below both of its exponential moving averages (EMAs), averages that give recent prices more weight. The 50-period EMA stands at $76,355 and the 200-period EMA at $79,134.
- Resistance: $76,200, Sunday’s high and the top of the 48-hour range, then $76,355, the 50-period EMA. Above that, $79,134, the 200-period EMA.
- Support: $73,510, Sunday’s low, then $73,027, the August 21 low. Below that, $68,902, the August 20 low.
| Path | What has to happen | Next stop |
|---|---|---|
| Break higher | A close above $76,200 after a soft CPI | $79,134, the 200-period EMA |
| Stay stuck | BTC holds between $73,510 and $76,200 | More waiting below both EMAs |
| Break lower | A close below $73,510 after a hot CPI | $73,027, then $68,902 |
For readers following this Bitcoin news, the buyers have not moved the price, and CPI decides the next step. A close outside the $73,510 to $76,200 range after the release is the signal to watch.
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The post Strategy and Trump Media Bought the Bitcoin News: Is CPI the Trigger BTC Needs? appeared first on 99Bitcoins.
