Bitcoin price today, Nov. 12 -- The world's largest cryptocurrency was trading at $73,344.71 at time of writing, on 12 November, down 0.4% over the past 24 hours, with market capitalisation at $1.47 trillion, down 0.35%, according to data on CoinMarketCap.

While in the red, this is slight improvement from Bitcoin touching $72,695 on 10 November - its lowest level in around three months. As per a Bloomberg report, faster-than-estimated increase in United States inflation and signals that the US Federal Reserve could hike interest rates pushed down risk appetite for risk assets such as cryptocurrencies.

Meanwhile, the second largest crypto, Ethereum was also in the red today, trading at $2,044.40, down 0.49% over the previous day, with ma...