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Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough

Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough
AI summary

Bitcoin is trading below $75,000 as traders await October U.S. CPI inflation data. Analysts caution that any inflation relief may be temporary and that a durable recovery hinges on better liquidity and renewed spot ETF demand rather than a single macro print. The setup matters because a soft CPI could spark a short-lived bounce, while weak ETF flows would keep pressure on price.

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