Macro· ★★★· bearish·

Bitcoin Faces Risk as US Credit Card Stress Hits Multi-Year Highs

  • —90-plus-day delinquency transitions for 18-29 year olds rose 0.4 points to 10.1%
  • —For Americans aged 70 and over, the rate climbed 0.3 points to 6.3%, the highest since Q3 2011
  • —Among 50-59 year olds, delinquencies edged up 0.1 points to 6.4%, the highest since Q4 2024
  • —Bitcoin trades near $84,000: down 3% on the week but up 7% over two weeks
Why it matters: Widening cracks in household credit alongside a hawkish Fed weigh on risk assets, including Bitcoin, while long-end Treasury yields stay elevated.
#BTC
Source: CryptoPotato
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