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Nik Bhatia: Bitcoin rises as U.S. manufacturing expands after three-year contraction

Nik Bhatia: Bitcoin rises as U.S. manufacturing expands after three-year contraction
Bitcoin rises on U.S. manufacturing growth

Bitcoin is trading higher after strong U.S. manufacturing data and elevated prices paid this morning.

Nik Bhatia noted that last month's above-50 reading was confirmed today, indicating that the U.S. manufacturing industry has returned to expansion after three years of contraction.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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