⚡ Bitcoin $BTC slips below $75,000 as markets hold their breath for the U.S. October CPI.
📌 Analysts say cooling inflation offers only temporary support and isn’t enough to reverse the trend.
📌 A sustained recovery requires improved liquidity and continued growth in inflows to spot ETFs.
Caution is widespread, with investors waiting for signals from the Fed on its interest rate path before making a move.
💬 Do you think this CPI release will be a catalyst or just a brief respite for BTC?
#Bitcoin #CryptoNews
🔗 Source: CoinDesk
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 Analysts say cooling inflation offers only temporary support and isn’t enough to reverse the trend.
📌 A sustained recovery requires improved liquidity and continued growth in inflows to spot ETFs.
Caution is widespread, with investors waiting for signals from the Fed on its interest rate path before making a move.
💬 Do you think this CPI release will be a catalyst or just a brief respite for BTC?
#Bitcoin #CryptoNews
🔗 Source: CoinDesk
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
