Lumber crash signals cooling economy – What it could mean for crypto
Lumber prices dropping below $600 may not sound like a crypto story, but it’s flashing warning signs about the economy that could ripple into digital assets.
Lumber is often seen as a leading indicator for housing and credit demand. Its sharp fall suggests builders are cutting back, financing is tightening, and consumers are hesitating on big purchases. Historically, when lumber collapses, broader markets follow with a lag.
For crypto, this matters in two ways. First, a weaker housing and construction market adds to recession fears. Risk assets, including Bitcoin and altcoins, often face selling pressure when investors move to safety. But second, if the slowdown deepens, it could push central banks toward lower…
