Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High
Briefly

The leading cryptocurrency by market value fell 4% to $66,342 in a bearish resolution of the recent week-long consolidation between $68,000 and $72,000, CoinDesk data show.
The PMI rose 2.5 points to 50.3 last month, crossing into expansion territory and weakening the case for Fed rate cuts.
Read at Coindesk
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