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Bitcoin (BTC) holds near $62,000 as market awaits US macroeconomic data 📉

- BTC/USD has been in a tight range, testing the $62,000 level several times.

- Traders are in a “wait-and-see” mode ahead of key US economic events.

- On October 9, the minutes of the Fed meeting were released, which included a surprise 0.5% interest rate cut.

- CPI and PPI data are expected on October 10 and 11, respectively.

Analysts like Skew and Muro suggest that BTC could test short-term supports, but the end of October brings important macroeconomic figures that could influence the market.

Do you think BTC will go up or down? Leave us your thoughts in the comments! 💬