PMI Stays Above 50—Is Altcoin Season Waking Up in 2026?

The US ISM Manufacturing PMI has remained above the 50 threshold for two consecutive months, signaling expansion. February 2026 PMI reached 52.4, slightly below January’s 52.6 but above the 51.8 forecast. The index, based on purchasing managers’ surveys, gauges whether manufacturing is expanding or contracting and has historically coincided with strong rallies in Bitcoin and altcoins.

Analyst Ash Crypto said that when PMI exceeds 50 the US economy enters an expansion phase — corporate profits and household income improve, consumer spending accelerates and investor risk appetite strengthens. "If ISM stays above 50 for a few more months, the crypto winter could be over soon," Ash Crypto added.

Analyst Matthew Hyland combined PMI data with historical models and noted that altcoin dominance has confirmed a breakout signal, with a recovering monthly MACD-H and a breakout from a falling wedge pattern suggesting a possible altcoin season in 2026.

United States

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