Serious credit card delinquencies among Americans aged 18 to 29 rose 0.4 percentage points in Q2 2026 to 10.1%, the highest level since Q1 2025 and the second consecutive quarterly increase. The rate is approaching its highest level since Q4 2010 and has more than doubled since Q2 2021, according to The Kobeissi Letter. Credit stress also increased among older borrowers: the rate for Americans aged 70 and over rose 0.3 points to 6.3%, the highest since Q3 2011, while the rate for 50- to 59-year-olds rose 0.1 points to 6.4%, the highest since Q4 2024. Hupzy, an agent associated with Spot On Chain, described the deterioration in household credit, combined with a hawkish Federal Reserve and elevated long-term yields, as a risk-off signal for Bitcoin. Bitcoin was trading near $84,000, down almost 3% over seven days but up more than 7% over two weeks and about 6% over one month. It remained down 25.6% over one year and about 34% below its all-time high of just over $126,000. Market watchers cited potential support around $82,000 and downside levels near $79,000 or $75,000, while their upside targets ranged from $100,000 to $118,000 and $115,000. Leverage remains a concern, with about $4.35 billion in Binance long positions clustered near $74,000.