According to The Kobeissi Letter, new data from the St. Louis Fed shows that the percentage of lowest-income Americans aged 20 to 64 with credit card debt 90+ days past due surged to approximately 16% in Q1 2025, marking the highest level in 22 years. This figure has increased by about 6 percentage points over the past three years (source: The Kobeissi Letter, May 13, 2025). For cryptocurrency traders, this spike in delinquencies signals heightened financial stress in the US consumer sector, which could drive increased interest in decentralized finance (DeFi) solutions and stablecoins as alternatives to traditional credit. Historically, rising credit delinquencies have coincided with increased crypto market activity as investors seek hedges against systemic risk. Traders should monitor further macroeconomic reports for potential volatility triggers in both traditional and crypto markets.

According to Cas Abbé, the US Consumer Price Index (CPI) data is scheduled for release today at 8:30 AM ET, with market expectations set at 2.4%. If CPI exceeds 2.4%, traders should anticipate increased downside volatility and potential corrections in altcoins. If CPI meets the 2.4% forecast, Bitcoin and altcoins could see bullish price action due to improved macro sentiment. Crypto market participants are advised to monitor CPI results closely, as volatility could provide significant trading opportunities. (Source: Cas Abbé on Twitter, May 13, 2025)

According to CrypNuevo on Twitter, the upcoming week presents key trading events for Bitcoin ($BTC), with major earnings reports from Meta, Amazon, and Apple, alongside critical PCE inflation and labor market data releases. CrypNuevo states he is de-risking his swing long position from $77,000 by taking profits in the current price zone, while maintaining spot holdings. These actions highlight a cautious approach in anticipation of increased market volatility due to macroeconomic and corporate events (source: @CrypNuevo, April 27, 2025).