India HSBC Services PMI came in at 58.1, below expectations (58.6) in February

Bitcoin, Ethereum and Ripple prices trade with a cautious tone at the time of writing on Wednesday as upside momentum continues to fade across the broader crypto market. BTC remains within a parallel channel, ETH struggles below key resistance, while XRP remains fragile within a descending channel. These top three cryptocurrencies by market capitalization continue to struggle to establish a directional bias amid the consolidation phase.

Source: https://www.fxstreet.com/news/india-hsbc-services-pmi-came-in-at-581-below-expectations-586-in-february-202603040501