[Analyst: Bitcoin's Trend May Be Affected by U.S. Economic Data] (XS.com) Analyst Linh Tran stated that Bitcoin's recent performance may be closely tied to U.S. economic data, including preliminary GDP and core inflation figures. If the data indicates an economic slowdown and easing inflation, the Federal Reserve may initiate rate cuts, which would be favorable for Bitcoin's recovery; if the data is strong, investors may maintain a defensive stance, and the short-term correction could continue.