According to The Kobeissi Letter, US consumer credit rose by $17.9 billion in April 2025, reaching $5.01 trillion—the highest level since November 2024 and just $94 billion below the all-time peak set in October 2024 (source: The Kobeissi Letter, June 9, 2025). This significant increase highlights persistent consumer borrowing and potential macroeconomic pressures, which traders should monitor for their impact on risk assets including Bitcoin and Ethereum. Historically, rising consumer debt can signal potential liquidity constraints and affect market sentiment, often leading to increased volatility in both traditional markets and cryptocurrencies as investors reassess risk exposure based on broader economic health.