Despite November's sluggish consumer activity, spending momentum hasn't completely stalled. Bank of America's latest Consumer Checkpoint reveals a more resilient picture going into December—a critical indicator for market watchers tracking broader economic health.

According to Liz Everett Krisberg's analysis, the data shows consumers still have purchasing power even after a notably quiet month. This kind of consumer resilience typically signals economic durability, which tends to ripple across risk assets including crypto markets. When household spending remains stable heading into year-end, it often reflects confidence in employment and income stability.

For traders and investors monitoring macroeconomic signals, this data point matters. Strong consumer spending in traditional markets frequently correlates with retail participation and risk appetite in digital assets. The December figures will be worth tracking as they could influence broader market sentiment going into the final quarter.