News with the tag "US PMI"

Bitcoin price slips today, after the latest US PMI data by the S&P Global shows that the US economy contracted last month. According to the data, the US manufacturing PMI came in at around 47, slightly down from the previous month’s figure. Notably, BTC was already noting volatile trading as traders...

The price of Bitcoin (BTC) is seeing shocking volatility at the moment characterizing sharp selloffs and growth. At the time of writing, the coin’s price comes in at $62,743.35, up by 2.04% in 24 hours. Prior to this resurgence, Bitcoin traded as low as 3%, however, this bearish set-up was not susta...

Bitcoin price has faced immense selling pressure lately, as witnessed by its recent dip. As of writing, the BTC price has slipped below the $64,000 level, sparking concerns over a potential crash to $60K, or even below that. Meanwhile, amid this, investors are looking for potential reasons behind th...

The broader cryptocurrency market has come under selling pressure in the last 24 hours with Bitcoin losing nearly 4% and top ten altcoins falling anywhere between 4-10%. At press time, the Bitcoin price is trading 3.67% down and slipping under $64,500 as macro conditions show weak demand in the US e...