🇺🇸 US ISM PMI has climbed to 55.6, its highest level in 4 years, beating expectations of 54.0.
Even more important, this marks the 7th straight month with a reading above 52, showing that US business activity continues to expand.
The last time ISM PMI stayed above 52 for seven consecutive months was in Q4 2020. That period was followed by one of the biggest crypto bull markets in history.
History never guarantees the same outcome, but strong economic momentum, improving liquidity, and growing confidence have often created a favorable environment for risk assets.
Crypto investors should be paying close attention. If this trend continues, it could become another powerful tailwind for Bitcoin and the broader crypto market.
The next few months could be far more exciting than most people expect.
Even more important, this marks the 7th straight month with a reading above 52, showing that US business activity continues to expand.
The last time ISM PMI stayed above 52 for seven consecutive months was in Q4 2020. That period was followed by one of the biggest crypto bull markets in history.
History never guarantees the same outcome, but strong economic momentum, improving liquidity, and growing confidence have often created a favorable environment for risk assets.
Crypto investors should be paying close attention. If this trend continues, it could become another powerful tailwind for Bitcoin and the broader crypto market.
The next few months could be far more exciting than most people expect.