Bitcoin eyes $87K as CPI data and USDT dominance shape November rally

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Bitcoin is approaching the $87,000 level as traders weigh US inflation data and shifts in USDT dominance. A softer CPI reading could improve risk appetite and support a November rally, while rising USDT dominance may signal investors are moving to stablecoins and tempering Bitcoin demand. The near-term direction therefore hinges on both macroeconomic signals and whether capital rotates back into crypto.

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