Bitcoin Falls Below $26,000 Following PMI Data; Maker Becomes Top Loser
Portfolio Pulse from Lisa Levin
Bitcoin and Ethereum prices fell below $26,000 and $1,700 respectively, following a decline in the S&P Global US manufacturing PMI. Astar was the top gainer in the crypto market, while Maker was the biggest loser. The global crypto market cap fell to $1.04 trillion, a 24-hour decline of 0.4%.
August 23, 2023 | 2:01 pm
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NEGATIVE IMPACT
Bitcoin price fell below $26,000.
The decline in the S&P Global US manufacturing PMI has led to a decrease in Bitcoin price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Ethereum price fell below $1,700.
The decline in the S&P Global US manufacturing PMI has led to a decrease in Ethereum price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Maker was the biggest loser in the crypto market.
Maker's price has significantly dropped, making it the biggest loser in the crypto market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100