U.S. ISM PMI Hits 4-Year High Above 52%, BTC Price Climbs

The manufacturing activity in the U.S. moved back to growth levels in January because the ISM Manufacturing PMI surged to 52.6%, far exceeding the market expectations of 48.5%. Bitcoin (BTC) reacted favorably to the data, as its price increased shortly after the report was published. ISM Data Comes Above 52%, Providing a Boost for BTC