According to @rovercrc, the S&P Global US Manufacturing PMI came in at 53 versus a 53.3 consensus expectation, which the author characterizes as very bullish for crypto; source: Crypto Rover (@rovercrc) on X. A PMI reading above 50 indicates the manufacturing sector is in expansion territory under S&P Global’s methodology, providing context for the positive risk sentiment; source: S&P Global PMI methodology. The author’s takeaway suggests near-term positive sentiment for major crypto assets such as BTC and ETH following the data print; source: Crypto Rover (@rovercrc) on X.

According to @AltcoinGordon, insights from a senior BlackRock executive indicate that institutional and billionaire clients are actively buying the current cryptocurrency market dip and remain extremely bullish on digital assets like BTC and ETH over the next 12 months. This trading behavior suggests strong confidence among high-net-worth investors despite recent volatility. Additionally, a major White House announcement relating to crypto is expected next week, which could further impact market sentiment and trading strategies. Source: @AltcoinGordon.