In May 2025, the U.S. Services sector saw a PMI of 49.9, reflecting a contraction and raising worries about economic slowdown. This is the first contraction since June 2024, with input costs influencing inflation.
Historical contractions in the ISM Services PMI have often aligned with negative market sentiments, affecting risk assets such as Bitcoin (BTC). As of now, BTC is trading at 104,701.27 USD, with notable fluctuations in trading volumes.
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