According to The Kobeissi Letter, 20% of US mortgages now have interest rates above 6%, marking the highest proportion in 11 years. This share has surged fivefold in just three years, while the portion of mortgages with rates below 3% has declined sharply (Source: The Kobeissi Letter, June 1, 2025). For crypto traders, this trend signals increasing financial pressure on US households, potentially reducing liquidity and risk appetite in both traditional and digital asset markets. Historically, higher mortgage costs can dampen consumer spending and impact Bitcoin, Ethereum, and altcoin trading volumes as capital becomes less available for speculative investments.