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Yevhen
@applestar
⚪ ISM Manufacturing Index: Will the U.S. Economy Follow Europe? ➖ Kicking off the week on Monday, December 2, the Institute of Supply Management (ISM) will release its November manufacturing index, providing a snapshot of U.S. economic activity. Recent surveys from the Eurozone and the UK revealed economic contraction, dragging the Euro to a 23-month low ➖ The U.S. index previously came in at 46.5, and if November’s numbers show similar weakness (consensus is 47.5), the dollar could take a hit. That’s where crypto comes in: a weaker dollar often drives investors to Bitcoin as a hedge against economic uncertainty. After all, when fiat falters, Bitcoin stands tall 🧵 2/8
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