U.S. Manufacturing Growth Fuels Strong Dollar, But Crypto Remains Stable

Recent data from the S&P Global PMI suggests a robust U.S. economy with manufacturing thriving. The August figure hit 53.3 – a 39-month high – and has sparked discussions about potential changes in monetary policy. The strong PMI, potentially influencing investor sentiment, might impact the cryptocurrency market indirectly. While manufacturing booms, the services sector saw a slight dip, offering mixed signals.