ISM Manufacturing PMI at 40-month high: Analysts say BTC could benefit

Market Intelligence Analysis

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Why This Matters

The ISM Manufacturing PMI has reached a 40-month high, mirroring the price movements of Bitcoin and the broader crypto market from mid-2020 to 2023, potentially indicating a positive correlation between the two.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The rise and fall of the manufacturing index from mid-2020 through 2023 closely mirrored Bitcoin and the broader crypto market’s price movements over the same timeframe.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on February 3, 2026.
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