PANews reported on August 8 that Bitcoin is at risk due to the slowdown in US consumer debt growth and rising credit card delinquency rates. Markus Thielen, founder of 10x Research, said that although the unwinding of yen carry trades may have been paused, stabilizing risky assets including Bitcoin, the slowdown in US consumer borrowing remains a problem. Total US credit balances increased by $8.9 billion in June, lower than the expected $10 billion, and credit card debt decreased by $1.7 billion, the largest drop since the beginning of 2021. The credit card delinquency rate reached 10.93%, the highest since 2012, and the auto loan delinquency rate also reached 4.43%, the highest since 2021. Thielen pointed out that these factors indicate that US consumer borrowing capacity has reached its limit, which may pose a challenge to the cryptocurrency market. In addition, uncertainty in the US election, economic slowdown and the decline in the artificial intelligence craze are also potential risks.