Bitcoin drops as S&P US composite PMI Flash surges, Ethereum remains resilient
Quick Take According to Trading Economics, the S&P Global US Composite PMI Flash experienced a significant surge in May, reaching 54.4, up from April’s 51.3. This marks the highest level since April 2022, surpassing the consensus expectation of 51.1. The manufacturing and services sectors exceeded predictions, with the Manufacturing PMI Flash at 50.9 against a […]