According to The Kobeissi Letter, US consumers’ assessment of their current financial situation compared to five years ago has dropped to 91 points in June, marking the lowest level in 12 years. This index has declined by approximately 60 points, or 39%, over the past four years. This sustained negative sentiment signals potential risk-off behavior in traditional markets, which could drive increased volatility and potential inflows into safe-haven assets like Bitcoin (BTC) and Ethereum (ETH), as investors look for alternatives amid weakening consumer confidence (Source: The Kobeissi Letter, June 18, 2025).

According to The Kobeissi Letter, US consumers’ assessment of their current financial situation compared to five years ago dropped to 91 points in June 2025, marking the lowest reading in 12 years. This index has declined by approximately 60 points, or 39%, over the past four years (source: The Kobeissi Letter, June 18, 2025). The weakened consumer sentiment could signal reduced retail investment appetite, potentially impacting liquidity and trading volumes in both traditional equity and cryptocurrency markets. Crypto traders should watch for heightened volatility in BTC and ETH as macroeconomic uncertainty may drive shifts in risk-on and risk-off behavior.