**Bitcoin Holds Steady at $62K Amid Awaited U.S. Economic Data**

Bitcoin (BTC) hovered around the $62,000 mark on Oct. 9, as traders braced for a slew of U.S. economic reports. The crypto market showed little movement, with BTC/USD repeatedly testing the $62,000 support level.

Key events include the Federal Reserve's September meeting minutes, revealing a surprising 0.5% interest rate cut, and upcoming CPI and PPI data on Oct. 10 and 11. Analyst Skew predicts more market activity post these reports.

Onchain data from CryptoQuant indicates waning U.S. demand, with the Coinbase premium turning negative, suggesting limited interest in the current BTC rally.