The Bitcoin "reflation" bet diverged after the US PMI broke through resistance for the first time in three years. The correlation between Bitcoin prices and PMI was divided among analysts following the latter surpassing 50 for the first time since 2022.
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The Bitcoin "reflation" bet diverged after the US PMI broke through resistance for the first time in three years. The correlation between Bitcoin prices and PMI was divided among analysts following the latter surpassing 50 for the first time since 2022.