Geopolitics Alpha

Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite

Published . Updated .

Key takeaways

  • Exposed: IBIT, TIP, COIN, MSTR, MARA
  • Market reaction: IBIT −2.5% on the day (still updating); TIP −0.8% on the day (still updating); MSTR −5.4% on the day (still updating)

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GEOPOLITICS ALPHABitcoin Drops to AlmostThree-Month Low as US InflationDims Risk AppetiteGEOPOLITICS ALPHA

This report is about crypto and inflation and prices.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust-8.0% 30d

    iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story.

  • TIP iShares TIPS Bond ETF-0.3% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • COIN Coinbase Global-28.4% 30d

    Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • MSTR Strategy-16.4% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • MARA MARA Holdings-40.8% 6d

    MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • RIOT Riot Platforms-17.6% 30d

    Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • COST Costco Wholesale+15.3% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT+4.08%+1.73%base-2.52%after closeafter closeafter close
TIP+0.06%+0.20%base-0.77%after closeafter closeafter close
COIN+6.85%+0.43%base-4.44%after closeafter closeafter close
MSTR+7.92%+3.08%base-5.42%after closeafter closeafter close
MARA+8.13%-11.52%base+4.22%after closeafter closeafter close
RIOT-20.57%-16.37%base-1.90%after closeafter closeafter close
WMT-0.64%+1.67%base+0.41%after closeafter closeafter close
COST-4.41%-0.01%base-0.12%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite Bloomberg.com

Source: Bloomberg

The price since 10 Nov 2026: iShares Bitcoin Trust ETF (IBIT) versus the S&P 500

CompanyWhenMoveStatus
Coinbase Global (COIN)that day-4.44%still updating
Coinbase Global (COIN)three days earlier+0.43%final price
Coinbase Global (COIN)five days earlier+6.85%final price
Costco Wholesale (COST)that day-0.12%still updating
Costco Wholesale (COST)three days earlier-0.01%final price
Costco Wholesale (COST)five days earlier-4.41%final price
iShares Bitcoin Trust ETF (IBIT)that day-2.52%still updating
iShares Bitcoin Trust ETF (IBIT)three days earlier+1.73%final price
iShares Bitcoin Trust ETF (IBIT)five days earlier+4.08%final price
MARA Holdings (MARA)that day+4.22%still updating
MARA Holdings (MARA)three days earlier-11.52%final price
MARA Holdings (MARA)five days earlier+8.13%final price
Strategy (MSTR)that day-5.42%still updating
Strategy (MSTR)three days earlier+3.08%final price
Strategy (MSTR)five days earlier+7.92%final price
Riot Platforms (RIOT)that day-1.90%still updating
Riot Platforms (RIOT)three days earlier-16.37%final price
Riot Platforms (RIOT)five days earlier-20.57%final price
Ishares Tr (TIP)that day-0.77%still updating
Ishares Tr (TIP)three days earlier+0.20%final price
Ishares Tr (TIP)five days earlier+0.06%final price
Walmart (WMT)that day+0.41%still updating
Walmart (WMT)three days earlier+1.67%final price
Walmart (WMT)five days earlier-0.64%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around iShares Bitcoin Trust ETF (IBIT)

Companies carried with this story

  • IBIT iShares Bitcoin Trust ETF

    In “Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story

  • TIP Ishares Tr

    In “Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • COIN Coinbase Global

    In “Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite,” Coinbase Global (COIN) is linked, with no stored direction, medium confidence. Reason on file: Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story

  • MSTR Strategy

    For “Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite,” Strategy (MSTR) is linked, with no stored direction, medium confidence. Reason on file: Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story

  • MARA MARA Holdings

    MARA Holdings (MARA) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite.” Reason on file: MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story

  • RIOT Riot Platforms

    Riot Platforms (RIOT) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite.” Reason on file: Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story

  • WMT Walmart

    In “Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • COST Costco Wholesale

    Costco Wholesale (COST) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite.” Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

iShares Bitcoin Trust ETF (IBIT)

“Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite” (10 Nov 2026) reaches iShares Bitcoin Trust ETF (IBIT) through this story.

The link for iShares Bitcoin Trust ETF (IBIT) is this: iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story

Ishares Tr (TIP) is here too. Its reason reads: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Dates in the story, and the iShares Bitcoin Trust ETF (IBIT) price range

COIN traded between 131.15 and 185.47 across 20 sessions. The latest close on file is 136.07. IBIT traded between 43.03 and 48.07 across 20 sessions. The latest close on file is 44.03. TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27.

What the saved facts support for iShares Bitcoin Trust ETF (IBIT)

46 out of 100Price not final

“Bitcoin Drops to Almost Three-Month Low as US Inflation Dims Risk Appetite” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.