According to @rovercrc, the US Manufacturing PMI printed 53 versus 53.3 expected, a slight downside surprise while remaining above the 50 expansion threshold, source: @rovercrc. The source characterizes this print as very bullish for crypto, implying supportive risk momentum for majors such as BTC and ETH, source: @rovercrc.

According to The Kobeissi Letter, the ISM Manufacturing PMI index fell by 1.3 points in March to 49.0, signaling a return to contraction after two months of expansion. This decline may affect the cryptocurrency market as industrial slowdowns often influence investor sentiment and risk assets like Bitcoin and Ethereum.