Bank of America just posted a solid Q4 last year—profits jumped 12% as consumer spending picked up steam. Here's what caught the eye: credit card delinquencies actually fell, suggesting folks are still managing their debt despite broader economic uncertainty.

Why should crypto traders care? Simple. When consumer confidence is up and credit markets tighten, it signals the economy's running hotter than many feared. That kind of macro backdrop tends to influence where capital flows, including into risk assets like crypto.

The bigger picture: major banks showing strength in their earnings can sometimes indicate a more stable foundation for risk-on sentiment. On the flip side, if consumer spending stays robust but inflation keeps sticky, expect more hawkish pressure on rates—which historically adds friction to bull runs in digital assets.

Keep an eye on this trend. Consumer health and credit conditions are part of the puzzle when reading where markets head next.