dallasfed
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🚨 $BTC Braces for Impact! Manufacturing Plunges 📉
U.S. manufacturing activity unexpectedly contracted further in December, according to the Dallas Fed. The Manufacturing Business Index fell to -10.9, a deeper decline than the -10.4 reading last month. This signals weakening economic conditions and could increase pressure on the Federal Reserve to shift its monetary policy. Expect volatility in risk assets, including $BTC , as the market digests this data. ⚠️ This isn't a good sign for overall economic health.
#DallasFed #ManufacturingPMI #Economics #BTC 🐻
U.S. manufacturing activity unexpectedly contracted further in December, according to the Dallas Fed. The Manufacturing Business Index fell to -10.9, a deeper decline than the -10.4 reading last month. This signals weakening economic conditions and could increase pressure on the Federal Reserve to shift its monetary policy. Expect volatility in risk assets, including $BTC , as the market digests this data. ⚠️ This isn't a good sign for overall economic health.
#DallasFed #ManufacturingPMI #Economics #BTC 🐻
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