According to The Kobeissi Letter, 66% of US consumers now expect unemployment to rise over the next 12 months, marking the highest level of job market pessimism since 2008 and nearly doubling in just four months (source: Kobeissi Letter, Twitter, June 4, 2025). This rapid shift in consumer outlook may signal increased risk aversion among retail investors, potentially reducing inflows into risk assets such as cryptocurrencies. Historically, heightened recession fears have led to increased crypto market volatility and shifts in capital allocation, making it crucial for traders to monitor sentiment-driven liquidity changes.