The "Consumer Credit — UK" indicator measures the total amount of new borrowing by individuals in the UK, such as credit cards and personal loans, excluding mortgages. Rising consumer credit often signals increased consumer confidence and spending, which can boost risk appetite in financial markets, sometimes leading to higher demand for assets like crypto and bitcoin. Conversely, falling consumer credit may indicate caution or financial strain, potentially reducing interest in riskier assets like bitcoin.
Calendar Consumer Credit — UK
Consumer Credit — UK
History, bitcoin reaction and upcoming dates
How bitcoin, the S&P 500 and Nasdaq reacted
Percentage change from the start of the selected period.