In June 2025, S&P Global reported a slight decline in growth in the US private sector, reflecting ongoing economic pressures.
Decline in PMI and Its Significance
The S&P Global PMI for June stood at 52.9, slightly down from May's figures. Both Composite and Services PMI indices are based on corporate surveys showing a slowdown in economic activity while the services sector continues to grow robustly. However, the relative decline in growth rates indicates ongoing economic pressures.
Crypto Market Reaction to PMI Data
The cryptocurrency market reacts to PMI data with moderate responses, showing no significant changes in the valuations of major assets. Investors are adopting a wait-and-see approach, with pressure on prices and uncertainty being prominent. Overall impact on BTC and ETH remains minimal.
Outlook and Cost Influences on Cryptocurrencies
Although PMI has not significantly influenced the valuation of leading cryptocurrencies, it is essential to keep an eye on pricing trends and economic indicators. Analysts emphasize that future changes in the economy could shift sentiment among investors, which could affect volatility, as seen in the past.
The June 2025 PMI index reflects a slowdown in US growth with minimal implications for the cryptocurrency market. The future development of the situation depends on economic factors and price movements across markets.
