Recent data reveals a potential positive shift in the cryptocurrency market, as Bitcoin (BTC) remains above $94,000 despite several months of downturns. However, experts say consumer confidence plays a crucial role in this resurgence. This article explores the connection between consumer sentiment and digital currency performance, particularly considering recent US economic indicators. 8% decline in consumer confidence since March adds pressure on digital currencies as the Federal Reserve hesitates to reduce interest rates, but actual data suggests a more optimistic outlook than anticipated. The latest Michigan Consumer Expectations report reveals declining consumer confidence by 32% since January, marking the most significant drop in three months since the 1990 recession. This decline is particularly pronounced among middle-income households, though concerns span various demographics. Consumers are wary due to uncertainties surrounding trade policies and inflation risks,” the article continues.