According to Fox News, the U.S. Senate unanimously passed a bill granting tipped workers a tax deduction of up to $25,000. This legislative move is seen as a significant boost to consumer spending power, particularly for lower-income groups, which could increase liquidity in both traditional and crypto markets. Traders should monitor potential upticks in retail-driven crypto activity as improved household finances often correlate with higher retail crypto investments. This development may also shift short-term sentiment for major coins like Bitcoin and Ethereum, as positive fiscal policy can spur broader risk-on market behavior. Source: Fox News (May 21, 2025).

According to The Kobeissi Letter, US consumer confidence fell sharply by 8 points to 86 in April 2025, marking the weakest level since May 2020 and the fifth consecutive monthly decline (source: The Kobeissi Letter, April 30, 2025). The broad-based drop across all age groups signals a deteriorating economic outlook, which historically increases market volatility and risk-off sentiment in both traditional and crypto markets. Traders should monitor potential spillover effects on cryptocurrency prices, as weakening consumer confidence often correlates with reduced retail investment and liquidity.

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.

According to Michaël van de Poppe, the partnership with Alphamind_labs aims to provide retail users access to fair launchpads, allowing them to benefit from investment opportunities. One such opportunity is the $ART token, associated with the LiveArt company, which promises to expand access to art investment markets. The token could potentially offer liquidity and market access to retail investors, providing a new avenue for trading and investment. [Source: Michaël van de Poppe on Twitter]