Bitcoin Treads Water Ahead of Key U.S. Inflation Data

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Bitcoin has remained range-bound in recent weeks as steady inflows into spot ETFs have largely offset selling pressure in the market. The prolonged sideways movement has significantly dampened volatility across the cryptocurrency. Analysts are now watching Wednesday's U.S. inflation report as the next major potential catalyst for a decisive price move. A stronger or weaker-than-expected reading could tip the balance between buyers and sellers and break Bitcoin out of its current trading range.

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