US economic data burden cryptocurrencies: BTC and ETH are faced with decisive test

<p> <strong> US economic data burden cryptocurrencies: BTC and ETH are faced with decisive test </strong> </p>

macroeconomic influences press on Bitcoin and Ethereum prices

Current macroeconomic events, especially on the US market, still have a significant impact on Bitcoin (BTC) and Ethereum (ETH) prices. DE Risking measures could continue to burden the cryptoma markets this week. The decline in US consumer confidence is particularly alarming, which according to a survey has fallen to a 12-year low.

BTC and ETH investors before a test of probation

Ryan Lee, chief analyst from Bitget Research, notes that the second quarter of 2023 could turn out a decisive phase for investors in Bitcoin and Ethereum. The tariffs of 25 % of Mexican and Canadian goods introduced by President Donald Trump on April 2 could result in additional de-risk. These affect not only risky systems, but also tech shares and cryptocurrencies.

A high -relevant point is the correlation coefficient of 0.67 between Bitcoin and the Nasdaq, which shows that weaknesses in the stock market can also have direct influence on crypto prices. Despite these challenges, Bitcoin continues to enjoy trust institutional investors. The stock market-traded US Spot BTC funds (ETFs) recorded positive tributaries on four of the five trading days of the past week, which amounted to $ 196.4 million. The ongoing commitment of companies such as Strategy (formerly Microstrategy) for Bitcoin illustrates the continuously optimistic sentiment in the financial sector.

In contrast, Ethereum could continue to come under pressure at short notice. Bitcoin's reputation as a macro hedge has increased, while the evaluation of Ethereum is more based on its utility value. This is also reflected in the development of ether ETFs, which recorded net inflows of only $ 8.7 million last week.

Both cryptocurrencies, BTC and ETH, reach a critical point in the second quarter of 2025. Lee warns that Bitcoin is faced with the test whether it can preserve its status as a protection against macroeconomic tensions, while the Ethereum ecosystem is questioned by structural weaknesses.

LEE concludes with the assessment: "In the coming days, it could be shown whether the cryptocurrency has really decoupled from the traditional risk paper due to its maturation or whether old market habits are difficult to take off."

US consumer trust falls at 12-year low

A monthly survey by the Conference Board shows that consumer confidence in the United States has dropped by 9.6 points to 65.2, which has been marked in the lowest level in 12 years. The results are significantly below the critical threshold of 80 points, which often signals an upcoming recession.

The organization also emphasizes that rising prices for basic goods, especially for food such as eggs and the newly introduced tariffs, have contributed significantly to the negative assessment of consumers. These developments could have further effects on the market conditions and the evaluation of cryptocurrencies such as Bitcoin and Ethereum.