According to The Kobeissi Letter, US wholesale used vehicle prices surged by 4.9% year-over-year in April 2025, reaching their highest level since October 2023. Month-over-month, car prices increased by 2.7%, marking the second consecutive monthly gain based on verified market data. For crypto traders, this persistent inflationary pressure could influence Federal Reserve policy expectations, potentially impacting Bitcoin and altcoin volatility as investors adjust to shifting macroeconomic conditions (source: @KobeissiLetter, May 8, 2025).