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Bitcoin Slumps on Gloomy Manufacturing News!

U.S. Federal Reserve’s recent report reveals a steep decline in manufacturing activity. Analysts predict Bitcoin prices might fall as a result, citing pressure from the bearish economic outlook. Currently hovering around $84,000 per coin, Bitcoin's resilience is tested against potential price impacts from the U.S.'s trade tensions and tariffs. While crypto execs are wary of a broader market impact similar to stocks, Binance notes Bitcoin’s robust performance amidst recent economic turmoil. Can Bitcoin weather yet another storm?
Klaus on Ethereum