Can Ethereum Rally If US ISM Moves Toward 60?

The post Can Ethereum Rally If US ISM Moves Toward 60? appeared first on Coinpedia Fintech News

Ethereum is facing an awkward setup as US ISM PMI data lands at 54.5. The reading marks the ninth consecutive print above 52, keeping the US economy in expansion territory while raising a bigger question for the Federal Reserve. Strong economic data isn’t necessarily comfortable for the Fed. Higher inflation expectations can complicate the rate …