According to The Kobeissi Letter, US retail sales fell by 0.9% in May 2025, marking the second-largest decline since March 2023 and the second consecutive monthly drop. The decrease was broad-based, affecting 7 out of 13 categories, with significant weakness in building materials, gasoline, and motor vehicles (source: The Kobeissi Letter, June 18, 2025). For crypto traders, this continued decline in consumer spending signals growing economic uncertainty, which often drives increased interest in alternative assets like Bitcoin (BTC) and other cryptocurrencies as investors seek safe-haven options. Historically, negative retail sales data has coincided with volatility in both traditional and crypto markets, making this an important metric to monitor for potential BTC price action and altcoin momentum.

According to The Kobeissi Letter, US retail sales declined by 0.9% in May 2025, marking the second-largest decrease since March 2023 and the second consecutive monthly drop. The decline was broad-based, with 7 of 13 categories falling, notably in building materials, gasoline, and motor vehicles. For cryptocurrency traders, this weakening in consumer spending signals potential downward pressure on risk assets, including Bitcoin (BTC) and Ethereum (ETH), as macroeconomic uncertainty may curb speculative inflows. Investors should monitor crypto price reactions to continued economic softness, as further declines could increase volatility and shift capital flows into defensive assets. (Source: The Kobeissi Letter, Twitter, June 18, 2025)