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

Bitcoin is trading below $75,000 as markets await October U.S. CPI data, with analysts cautioning that any inflation relief may offer only a temporary lift. They argue a durable recovery hinges on better liquidity conditions and renewed demand for spot bitcoin ETFs rather than macro-driven bounces. The token’s sub-$75,000 level leaves it vulnerable to a sharp reaction around the inflation print. Traders will watch whether the CPI release can reignite ETF inflows and improve market depth, or whether liquidity constraints keep rallies short-lived.