According to The Kobeissi Letter, the number of container ships departing from China to the US over the past 15 days has dropped to its lowest point since February, excluding the usual Chinese New Year slowdown. This decline in trade activity signals reduced demand and could heighten concerns about the global economic outlook, directly impacting cryptocurrency market sentiment. Historically, lower shipping volumes have been associated with risk-off trading behavior in crypto markets as traders become more cautious about global liquidity and economic growth (Source: The Kobeissi Letter, June 1, 2025).