$BTC
🔥Nvidia's "drag" effect is apparent, BTC turns into a US stock crypto-tech stock!
Manufacturing has been in decline for 20 months, the truth about GDP share is revealed, the service industry is the king ❓🔥
📉 Nvidia "drags" TSMC and its own stock price, BTC is also affected
It is rumored that BTC is now regarded as a crypto-tech stock in the US stock market, nothing more.
📊 PMI data sparks heated discussion, manufacturing recession becomes the focus
Tonight, PMI data was said to be below expectations and was seen as a signal of stagflation or recession.
But in fact, the US manufacturing industry has been in decline for 20 months, not just in August.
🔍 The truth about the manufacturing GDP share is that manufacturing accounts for only 10% of US GDP, while the service industry accounts for about 70%. Therefore, the importance of manufacturing data may need to be re-examined!
