August 1, 2025

U.S. Economic Data to Determine Short-Term Bitcoin Price Movement

1 min read

Bitcoin may have found a local price floor, according to Gustavo Faria, co-founder of analytics firm Nosy. Faria’s analysis cites key on-chain and market indicators suggesting a potential turning point for the leading cryptocurrency. In a recent analysis, Gustavo Faria observed that Bitcoin has experienced a 15% correction over the past three weeks, falling from The post U.S. Economic Data to Determine Short-Term Bitcoin Price Movement appeared first on Coin Edition .

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