Glassnode: Consumer Confidence Sinks as AI Stocks Soar, Bitcoin Left Behind

Consumer confidence is sitting near its weakest levels in a decade even as U.S. stocks notch record highs, and Glassnode says bitcoin is being left out of the rotation entirely. A Confidence Paradox Consumer confidence remains, in Glassnode’s words, “among the weakest readings of the past decade,” even after two consecutive months of improvement. That […]

Source: https://news.bitcoin.com/featured/bitcoin-consumer-confidence-ai-rotation-glassnode/