Bitcoin Faces Risk From 'Maxed Out' U.S. Consumers, Analyst Says
Briefly

Weak U.S. consumer credit data signals a collapsing personal savings rate, impacting the fiat-to-crypto onramp due to maxed-out consumers, as stated by Thielen.
High credit card delinquency rates, reaching the highest levels since 2012, pose a challenge to bullish crypto narratives, according to Thielen.
Read at Coindesk
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