United

Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/us-service-and-non-manufacturing-pmi-data-released/" data-wpel-link="internal">US Service and Non-Manufacturing PMI Data Released</a><br></p>
<p class="p1">Two important pieces of data closely related to the cryptocurrency market, including <strong><a href="https://coin-turk.com/bitcoin-btc-bogalari-satis-baskisini-absorbe-etti" data-wpel-link="internal">Bitcoin</a></strong>, were announced recently. Macroeconomic figures released in the United States directly affect risky investment vehicles like cryptocurrencies. Accordingly, the US service sector Purchasing Managers’ Index (PMI) and the US ISM non-manufacturing Purchasing Managers’ Index were released.</p> 
<h2 class="p1" id="us-service-and-ism-pmi-figures-announced">US Service and ISM PMI Figures Announced</h2> 
<p class="p1">The US service sector Purchasing Managers’ Index <strong>(PMI)</strong> data came in above expectations, with the figure announced at 51.7, meeting the anticipated data. The US ISM non-manufacturing Purchasing Managers’ Index (PMI) data, however, came in below expectations at 52.1, whereas the forecast was 52.2.</p> 
<p class="p1"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-336986 size-full" src="https://coin-turk.com/wp-content/uploads/2024/04/bitcoin-grafik.png" alt="" width="2440" height="1168"></p> 
<p class="p1">While US macroeconomic data were below/above expectations, <a href="https://en.coin-turk.com/grayscale-cryptocurrency-could-play-a-role-in-the-2024-presidential-elections/" data-wpel-link="internal">Bitcoin</a> was trading at $65,891 at the time of writing. On the daily chart, Bitcoin trading below the <strong>EMA 21</strong> (green line) and EMA 9 (blue line) suggests a negative short-term outlook. Macroeconomic data from the US play a significant role for risky investment assets.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/us-service-and-non-manufacturing-pmi-data-released/" data-wpel-link="internal">US Service and Non-Manufacturing PMI Data Released</a></h5>

US Service and Non-Manufacturing PMI Data Released

Table of Contents

COINTURK NEWS

Other articles published on Apr 3, 2024

Digital Assets Evolving with Koala Coin (KLC), Solana (SOL) and Polkadot (DOT)

Crypto VC Paradigm Looks To Raise $750M For Investments

Crypto Whale Moves SOL Worth $20 Million to Binance

Kuwait Crypto Ban: Cryptocurrencies Face a Freeze in Kuwait

U.S. SEC calls for public input on spot Ethereum ETF applications

Ethena Launched $ENA Token and Kicked off 2nd Incentives Program

Join our free newsletter for daily crypto updates!