Bitcoin (BTC) Prices Drop Over 5% to Under $67K as Upbeat U.S. Factor Data Pushes Dollar Index Higher

“Markets are focused on the ISM report, though, with 10Y Treasury yields up 10bp on the back of the return of manufacturing growth and higher inflation readings from the sector. There are 20 or so individual Federal Reserve speeches this week, and the market is likely thinking that today’s outcome will make officials wary of committing to significant policy easing,” analysts at ING said in a note to clients on Monday.