According to the source, weak U.S. manufacturing data could extend Bitcoin’s cycle by loosening financial conditions that favor risk assets, and traders should verify with the official ISM Manufacturing PMI and S&P Global PMI releases for confirmation, source: Institute for Supply Management; S&P Global. Sub-50 ISM readings indicate contraction and have historically aligned with declines in the 10-year Treasury yield and a softer U.S. dollar, both of which are tailwinds for BTC liquidity, source: Institute for Supply Management; Federal Reserve Economic Data (DGS10); ICE U.S. Dollar Index. BTC has shown a negative correlation with U.S. yields and the dollar in 2023–2024, so drops in DGS10 and DXY have tended to coincide with stronger BTC performance, source: Kaiko Research 2024; Glassnode research. Traders should monitor ISM new orders and prices paid sub-indexes plus post-release moves in DGS10, DXY, and CME FedWatch rate-cut probabilities to gauge near-term BTC direction and volatility, source: Institute for Supply Management; Federal Reserve Economic Data; ICE Data Services; CME FedWatch.

According to @rovercrc, PMI data drops today and traders should expect volatility. Source: @rovercrc on X, Oct 1, 2025. For US markets, key PMI release windows are 09:45 ET for the S&P Global US Manufacturing PMI (final) and 10:00 ET for the ISM Manufacturing PMI on the first business day of the month. Source: S&P Global; Institute for Supply Management. Crypto assets such as BTC and ETH have historically shown elevated intraday volatility around major macroeconomic data releases, underscoring the need for tighter risk controls near these time windows. Source: Kaiko Research.

According to @cas_abbe, the US ISM Manufacturing PMI printed 48.7% versus a 48.5% consensus expectation (source: @cas_abbe). @cas_abbe states this marginal beat is bullish for altcoins, signaling a potential near-term risk-on tilt in crypto rotation (source: @cas_abbe). A headline PMI below 50 still denotes manufacturing contraction under ISM methodology, which may temper the move’s magnitude for risk assets including crypto (source: Institute for Supply Management).

According to The Kobeissi Letter, the ISM Manufacturing PMI fell to 48.7 in April 2025, marking the lowest level since November 2024 and indicating a second consecutive month of contraction (source: @KobeissiLetter, May 2, 2025). New orders rose by 2 points to 47.2 but stayed below the 50.0 threshold for the third month, signaling ongoing weakness in industrial demand. For traders, this downturn in manufacturing activity could increase short-term volatility in both the crypto and equity markets as risk-off sentiment prevails. Historically, declining PMI data often leads to defensive trading strategies and heightened attention to safe-haven assets such as Bitcoin, stablecoins, and gold. Monitoring further macroeconomic releases is advised for timely portfolio adjustments.

According to The Kobeissi Letter, the ISM Manufacturing PMI index dropped to 48.7 in April 2025, marking the lowest reading since November 2024 and the second consecutive month of contraction (Source: The Kobeissi Letter, Twitter, May 2, 2025). New orders rose slightly to 47.2 but stayed below the expansion threshold for a third month. For cryptocurrency traders, persistent manufacturing weakness signals rising recession risk and could drive short-term volatility in Bitcoin, Ethereum, and altcoins due to shifting risk sentiment and potential changes in Fed policy.

According to The Kobeissi Letter, the ISM Manufacturing PMI index decreased by 1.3 points in March 2025, reaching 49.0 and indicating a return to contraction after two months of expansion. The employment index also dropped significantly by 2.9 points, hitting 44.7, the lowest since September 2024. This decline suggests potential impacts on the cryptocurrency market, as manufacturing slowdowns can influence investor confidence and trading volumes.

According to The Kobeissi Letter, the ISM Manufacturing PMI fell by -0.5 points to 50.3 in February, missing expectations of 50.9. A significant decline in new orders by -6.5 points to 48.6, entering contraction territory, underscores a bleak outlook for the manufacturing sector. The employment index also decreased, hinting at potential stagflation risks.

According to The Kobeissi Letter, the ISM Manufacturing PMI fell by -0.5 points to 50.3 in February, below the expected 50.9. New orders significantly decreased by -6.5 points to 48.6, entering contraction territory and indicating a bleak outlook for the manufacturing sector. The employment index also declined, suggesting potential stagflation concerns.

According to Miles Deutscher, $BTC has fully retraced its bullish move from the previous day and is currently retesting the $85k level. This movement coincides with the release of the US ISM Manufacturing PMI, which missed expectations, dropping from 50.9 to 50.3, potentially influencing Bitcoin price due to broader economic sentiment. Traders should monitor these levels as they may indicate support or resistance depending on further economic data releases.