🔥 Crypto Market Update 🔥
Here’s today’s data summary and why it’s showing a bullish bias for crypto:
USD Unemployment Claims → 241K (Actual) vs 224K (Forecast) → Higher unemployment = weaker USD → bullish for crypto ✅
ISM Manufacturing PMI → 48.7 (Actual) vs 48.0 (Forecast) → Slightly better but still under 50 = contraction → neutral to slightly bullish ⚙️✅
ISM Manufacturing Prices → 69.8 (Actual) vs 72.9 (Forecast) → Lower inflation pressure → less hawkish Fed → neutral to slightly bearish 🏦⚠️
Overall Bias → Bullish! 🚀
Market sentiment looks positive for crypto 📈 — keep an eye on key levels and don’t forget to manage risk!
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