Bitcoin Price Stalls Above $113K as Lack of US Economic Data Halts USD Bears: Crypto Analysis

Bitcoin's (BTC) recovery from Tuesday's lows near $110,000 has stalled above $113,000 as the absence of fresh U.S. economic data leaves cryptocurrency and forex traders in uncertainty. The CoinDesk 20 (CD20) Index has stabilized above 3,800 points, indicating a pause in market momentum amid the data vacuum. This lack of economic indicators is preventing USD bearish pressure, creating potential headwinds for Bitcoin's upward movement as traders await clearer directional signals from macroeconomic developments.