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Bitcoin rebounds above $63,800 amid strong US manufacturing data and oil price drop.

Market News
03 Aug 2026
CryptoTicker
View Source
Bullish
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Bitcoin rose above $63,800 following the strongest US ISM Manufacturing PMI in over four years, signaling economic expansion without immediate inflation pressure. Oil prices fell sharply after the US called off strikes on Iran, easing geopolitical tensions and boosting stock markets. The crypto market is cautiously recovering but remains under pressure from recent security breaches and regulatory uncertainties, especially around the CLARITY Act's uncertain future in the Senate. Traders should watch key Bitcoin price levels and upcoming US economic data for further market direction.

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