List of Flash News about US car prices 2025
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2025-06-16 16:58 |
US Car Prices Surge in 2025: Average New Car Price Nears Record High, Impacting Crypto Market Sentiment
According to The Kobeissi Letter, the average US new car sales price reached $48,700 in April 2025, only $1,200 below the all-time high of $49,900 set in November 2022 (source: @KobeissiLetter, June 16, 2025). This sustained increase in consumer prices reflects persistent inflationary pressures, which often lead investors to seek alternative hedges like Bitcoin (BTC) and Ethereum (ETH). The rising cost of big-ticket items such as cars may increase demand for decentralized assets, influencing short-term crypto market sentiment as traders monitor macroeconomic signals for potential volatility. |