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US services PMI readings were due October 5, with possible Bitcoin volatility
A post said ISM’s 10 AM ET reading was expected at 55.7, up from 55.4 previously.
TLDR
An October 5 post said S&P Global Services PMI was due at 9:45 AM ET, followed by ISM Services PMI at 10 AM ET. It expected the ISM reading at 55.7, up from 55.4, and suggested weaker-than-expected data could bolster expectations for a less restrictive Fed and support Bitcoin. Stronger data, it said, could lift Treasury yields and the dollar, putting short-term pressure on Bitcoin.
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