{"id":663654,"date":"2025-04-18T20:15:26","date_gmt":"2025-04-18T17:15:26","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/analysts-brace-for-bitcoin-slide-on-gloomy-us-manufacturing-data\/"},"modified":"2025-04-18T20:15:26","modified_gmt":"2025-04-18T17:15:26","slug":"analysts-brace-for-bitcoin-slide-on-gloomy-us-manufacturing-data","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/analysts-brace-for-bitcoin-slide-on-gloomy-us-manufacturing-data\/","title":{"rendered":"Analysts brace for Bitcoin slide on gloomy US manufacturing data"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjQ5YjYtNGU0Zi03ZTc0LWExMmItNTY1ZjVjNjgxYWFl.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>The Federal Reserve&#8217;s monthly manufacturing survey showed the sharpest decline in activity since 2020.<\/p>\n<p><p>Bitcoin\u2019s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts.<\/p>\n<p>On April 17, the Philadelphia Federal Reserve Manufacturing Index \u2014 a monthly survey of 250 US-based manufacturers \u2014 <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/www.philadelphiafed.org\/surveys-and-data\/regional-economic-analysis\/manufacturing-business-outlook-survey\" rel=\"null\" target=\"null\" title=\"null\">reported<\/a> the sharpest declines in overall business activity since 2020.\u00a0<\/p>\n<p>The data puts Bitcoin (BTC) \u201cunder short term pressure,\u201d researchers at Bitunix, a crypto exchange, <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/BitunixOfficial\/status\/1913125110564737389\" rel=\"null\" target=\"null\" title=\"null\">said<\/a> in a post on the X platform. They added that Bitcoin could still see a \u201cstrong comeback\u201d if its price holds above $83,000 per coin.\u00a0\u00a0<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/analysts-brace-bitcoin-slide-us-manufacturing-data?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve&#8217;s monthly manufacturing survey showed the sharpest decline in activity since 2020. Bitcoin\u2019s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts. On April 17, the Philadelphia Federal Reserve Manufacturing Index \u2014 a monthly survey of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":663655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-04\/019649b6-4e4f-7e74-a12b-565f5c681aae","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,74937,74894,74863,74860,74355,117,4941,73785,70934,67874],"class_list":["post-663654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-bitcoin-price","tag-blockchain","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-adoption","tag-business","tag-donald-trump","tag-markets","tag-regulation","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/663654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=663654"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/663654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/663655"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=663654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=663654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=663654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}