What is the impact of the PMI index on the cryptocurrency market?

1 answers

• Dec 27, 2021 · 3 years ago
  At BYDFi, we closely monitor the impact of the PMI index on the cryptocurrency market. The PMI index serves as an important economic indicator that can provide insights into the overall health of the global economy. As the manufacturing sector plays a crucial role in the production of goods and services, changes in the PMI index can have ripple effects across various industries, including the cryptocurrency market. By analyzing the PMI index alongside other fundamental and technical factors, we aim to identify potential market trends and make informed investment decisions for our clients.
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