EL7.AI
CryptoMedium•10 November 2026•
1 min read

Bitcoin Trades Below $75,000 Ahead of US CPI and Soft Treasury Demand

Key Facts

1Bitcoin is trading below $75,000 ahead of the release of US October inflation data.
2The US Treasury began a $125 billion debt sale with initial buyer demand appearing soft.

Bitcoin is trading below $75,000 ahead of the release of US October inflation data. CoinDesk reported that the US Treasury began a $125 billion debt sale, with initial buyer demand appearing soft as the auction process commenced.

Market analysts suggest that a sustainable recovery for Bitcoin depends on liquidity conditions and spot ETF demand rather than macro data relief alone. The softening demand in US Treasury auctions adds further pressure to broader market liquidity as traders brace for upcoming economic indicators.

The US Inflation Rate (YoY) is scheduled for release on November 10, 2026, with a forecast of 3.9% following the previous 3.7% reading. Several Federal Reserve officials, including Waller, Bowman, and Schmid, are also scheduled to deliver speeches throughout the day.

Open on chart