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$BTC Braces for Impact! Manufacturing Plunges đ
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. â ïž This isn't a good sign for overall economic health.
#DallasFed #ManufacturingPMI #Economics #BTC đ»