Just caught some wild numbers from a major U.S. banking authority. American household debt just smashed through another ceiling — we're talking mortgages, auto loans, credit cards, student debt, the whole package.

Every category stacking up. Housing debt? Climbing. Car financing? Rising. Plastic money maxing out, and student loans aren't backing down either.

What's interesting here: when consumer debt hits records like this, it usually tells you something about where the broader economy's headed. People leveraging up could mean confidence... or desperation. Maybe both.

For those watching macro indicators and how they ripple into risk assets — yeah, crypto included — this is the kind of data point worth keeping on your radar. Debt levels shape liquidity, shape policy moves, shape everything downstream.