According to The Kobeissi Letter, US consumers' perceived likelihood of a recession in the next 12 months surged to 72% in April 2025, marking the highest level in two years (source: The Kobeissi Letter, May 4, 2025). Since November 2024, this figure has jumped by 8 percentage points, indicating rising economic uncertainty. For crypto traders, elevated recession expectations historically correlate with increased market volatility and potential upticks in safe-haven assets like Bitcoin and stablecoins. Monitoring consumer sentiment trends can help inform risk management and entry/exit points in digital asset trading.