That said, July’s weaker-than-expected ISM PMI, released Aug. 1, triggered recession fears, weighing on risk assets even as the dollar dropped. BTC fell 3.7% to $62,300 that day. Traders, therefore, should watch out for a “growth scare” should the PMI come in worse than expected.
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Omkar Godbole
https://www.coindesk.com/markets/2024/09/02/key-week-for-bitcoin-and-the-dollar-index/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-09-02 11:32:43
