According to The Kobeissi Letter, the Consumer Confidence Index plunged by 8 points to 86 in April 2025, marking its weakest reading since May 2020 and the fifth consecutive monthly decline (source: The Kobeissi Letter, April 30, 2025). This sharp drop signals growing consumer uncertainty, which is likely to influence risk appetite in financial and cryptocurrency markets. Traders should monitor for increased volatility and potential downward pressure on crypto prices as deteriorating consumer sentiment historically correlates with reduced retail investment flows.