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US Manufacturing PMI and Fed Decision Impact Altcoins
The upcoming US manufacturing data and the Federal Reserve's October 28 decision could influence cryptocurrency market sentiment. Five altcoins—XRP, SEI, XLM, LINK, and SUI—are worth watching as investors prepare for possible changes in market conditions. The US flash manufacturing Purchasing Managers' Index (PMI) is scheduled for release on October 23, with readings above 56.0 potentially indicating a bearish signal for financial markets and below 55.0 potentially supporting market sentiment if it suggests weaker manufacturing activity.