[Live] Market Update: BTC and ETH Stabilize as CPI Data and Trump-Xi Meeting Approach

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Bitcoin and Ethereum are fluctuating within narrow ranges this morning as traders anticipate Friday’s U.S. CPI report, the sole significant economic announcement not impacted by the current government shutdown. Bitcoin briefly surged earlier this week above $113K but is currently trading just above $108K, while Ethereum has decreased by approximately 4.8% over the last week. Market sentiment has stabilized amid indications of a thaw in U.S.-China trade relations, with Polymarket traders estimating a 77% likelihood of a tariff agreement by Nov. 10. Analysts suggest that volatility is expected to remain low until the inflation data is released, which could influence whether the recent “soft landing” narrative persists or triggers renewed market instability.

So, what other developments are occurring in today? Follow our live coverage for the latest updates below.

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