US Services Sector Flourishes in September, Exceeding Expectations

The US services sector experienced robust growth in September, as evidenced by the S&P Global Services PMI reaching 54.2. This reading surpassed expectations and signals a positive outlook for the economy. It’s worth noting that this strong performance hasn’t yet triggered any direct financial market shifts related to cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). While the PMI is typically linked to positive sentiment in risk assets, including cryptocurrency markets, we currently lack formal statements from key figures in relation to the September 2025 release.