The US Services PMI in December fell to 52.5 from 52.9 in the previous month. The composite index also declined, dropping to 52.7 from 53.0. These numbers suggest a slowdown in US economic activity, with the services sector showing signs of cooling down. For crypto and Web3 investors, this data is crucial—economic fragility indicators tend to increase volatility in risk assets and influence outlooks on future interest rates.