Eurozone and UK PMI data missed forecasts, causing market unease and shifting attention to upcoming U.S. PMI figures. As Bitcoin price tests a one-month high, traders anticipate potential volatility in both fiat and crypto markets.
Elon Musk’s recent meeting with El Salvador’s president also draws attention to Bitcoin’s expanding role in global finance, as key support and resistance levels come into focus.
French and German manufacturing PMIs dipped to 44.0 and 40.3, respectively, raising concerns over broader economic stability.
As Eurozone and UK PMI data fall below expectations, global markets, including cryptocurrencies, are on alert.
Euro and UK PMI Data Misses, US PMI Awaited Amid Bitcoin Surge