๐ข Important Macro Event Ahead โ Will It Shake Crypto?
A major U.S. economic report โ ISM Services PMI โ is scheduled for August 5, 2025 (Tuesday).
๐ Time: 7:00 PM Pakistan Time
Although itโs not directly related to crypto, such macro data often impacts the entire financial market โ including Bitcoin, Ethereum & altcoins.
Why should crypto traders care?
This report reflects business activity in U.S. services (retail, hospitality, etc.). A higher-than-expected PMI could boost investor confidence and support a risk-on environment โ good for crypto.
A weaker reading may create market fear โ leading to pullbacks or sideways action.
๐ Expected Forecast: 50.8
โ Above = bullish sign
โ Below = cautious zone
โ ๏ธ Stay alert โ August 5 could bring a reaction across crypto markets.
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