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Today, the crypto world eagerly awaited the release of two critical pieces of data. The data released were the US Services Purchasing Managers’ Index (PMI) and the US ISM Non-Manufacturing Purchasing Managers’ Index (PMI) figures. The US Services PMI data exceeded expectations, coming in at 52.3, while the forecast was 51.3. The US ISM Non-Manufacturing PMI data, however, fell short of expectations, with a figure of 52.6 against a forecast of 53.
Current Bitcoin Status Following Data Release
After the data was released, looking at Bitcoin and other cryptocurrencies, we see that Bitcoin has moved within a price range of about $4,500 in the last 24-hour period. Following the data announcement, the price of Bitcoin is trading at $68,552.
Let’s mention that Bitcoin’s price approached its all-time high following its recent surges. It could be just a matter of time before BTC’s price breaks its all-time record.
Ethereum and Other Cryptocurrencies Latest Update
Yesterday, Ethereum’s price broke the critical level of $3,600. The upward trend in ETH’s price continued today. As of writing this article, Ethereum is trading at $3,789.
Looking at other cryptocurrencies, BNB coin is trading at $420, while ADA is trading at $0.77. XRP’s price is at $0.65, and lastly, we see that Solana is finding buyers at the $132 level.
