Bitcoin Trades Sideways as Traders Await Key Economic Data Before Making Next Move
• Bitcoin trading flat ahead of US jobless claims and housing data releases • Traders taking profits and waiting to see market reaction to economic indicators • Fed hints suggest interest rates unlikely to be lowered in near future • Inflows to Bitcoin ETFs have fallen but still outpace new BTC supply • Equities rebounded after strong Nvidia earnings, but $53k remains resistance for Bitcoin