Bitcoin, Nasdaq investors are celebrating, while U.S. consumers turn gloomy.

May 11, 2026 - 09:45
Bitcoin, Nasdaq investors are celebrating, while U.S. consumers turn gloomy.
Major financial assets and the American consumer are moving in opposite directions, telling two very different stories about the U.S. economy. Bitcoin, the leading cryptocurrency by market value and a macro asset, jumped 11.8% last month, the largest gain since April 2025 and has since extended the rally by nearly 6% to $80,700, CoinDesk data...

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