Key Week for Bitcoin (BTC) and the Greenback Index (DXY)

That mentioned, July’s weaker-than-expected ISM PMI, launched Aug. 1, triggered recession fears, weighing on danger belongings even because the greenback dropped. BTC fell 3.7% to $62,300 that day. Merchants, due to this fact, ought to be careful for a “progress scare” ought to the PMI are available worse than anticipated.