Bitcoin Awaits U.S. CPI Data as Analysts Question Whether Inflation Relief Will Lift Prices

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Bitcoin is trading below $75,000 as investors await the October U.S. inflation report. Analysts caution that a durable recovery will likely require improved market liquidity and stronger demand for spot ETFs, rather than short-lived relief from macroeconomic conditions. The warning suggests that a softer inflation reading alone may not be enough to sustain upward momentum for the cryptocurrency.

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