Article Details

Read Original
CryptoNews

U.S. Services PMI Sinks Near Pandemic Lows, Increasing Fed Rate Cuts Odds - Catalyst for $150K Bitcoin?

U.S. PMI has fallen to 50 and markets have increased probabilities of a Fed Rate cut as labor has softened and core PCE has held at 2.9%. Bitcoin has reached a 50-day high with strong ETF demand, record open interest, and technical strength toward a potential $150K path.The post U.S. Services PMI Sinks Near Pandemic Lows, Increasing Fed Rate Cuts Odds - Catalyst for $150K Bitcoin? appeared first on Cryptonews.

Categories

Latest Crypto News

Stay ahead with real-time cryptocurrency news, market insights and expert analysis from trusted sources.

Market Sentiment
Analysis based on news & social posts

Overall Market

Confidence

24h Trend

Trending Coins

Momentum Tracker
Tracks mention growth & sentiment shifts

Top Gainers (24h)

Breakout Alert

Top Sources

No data available

Trending Coins

No data available

Loading more news...