The decline in altcoin market capitalization has started to slow in the first week of March despite numerous negative geopolitical developments. In addition, the newly released PMI index is reviving hopes that altcoins may recover soon. However, any recovery could face significant challenges as the proportion of altcoins trading near their all-time lows continues to rise. Why Could the PMI Report Influence Capital Flows into the Altcoin Market? A positive macroeconomic signal has just emerged, bringing renewed optimism
source: https://beincrypto.com/pmi-50-for-two-months-altcoin-recovery/