List of Flash News about new car sales 2025
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2025-06-16 16:58 |
US Car Prices Surge to $48,700 in April 2025: Impact on Consumer Spending and Crypto Market Trends
According to The Kobeissi Letter, the average US new car sales price reached $48,700 in April 2025, nearing the all-time record of $49,900 set in November 2022 (source: @KobeissiLetter, June 16, 2025). This sustained rise in car prices may tighten consumer spending power, potentially influencing macroeconomic sentiment and risk appetite in the crypto market. Traders should monitor any shifts in economic indicators that could impact demand for digital assets like BTC and ETH, as rising costs of living historically correlate with increased volatility across both traditional and cryptocurrency markets. |