From Investing.com: 2024-04-02 09:07:00

Bitcoin and Ethereum experienced significant price fluctuations, with Bitcoin dropping over 5% to $66,010 and Ethereum down over 4% to $3,336. The Dollar Index rallied to a 4-and-a-half-month high after robust US manufacturing data, with the ISM manufacturing index exceeding expectations and reaching the highest level in one and a half years. This positive report indicates a stronger economic outlook and potential impact on interest rate policies, reflected in currency pairs and Treasury yields. The market anticipates tighter monetary policy and future economic conditions in response to the manufacturing data.



Read more at Investing.com: Unexpected Manufacturing Boom in March Propels US Dollar, Pushes Down Crypto