FTs

#USConsumerSentimentThirdMonthDecline U.S. Consumer Sentiment (May Final): 3rd Month of Declines 🛑 Actual: 44.8 (All-time record low) Previous (April): 49.8 Preliminary May Est: 48.2 The Breakdown: Spiraling gas prices and long-term inflation fears are crushing consumer confidence. Historically, data this grim spells trouble for GDP (since consumer spending drives 2/3 of the US economy). For crypto, the ongoing resilience of $BTC in the face of terrible macro data remains the biggest story in the market. 🚀#Crypto #Inflation #AlikhanAlpha #tradingStrategy @Binance BiBi