Australia's consumer confidence took a step back in January. The Westpac Consumer Confidence Index dropped to 92.9 from 94.5 the previous month, marking a month-on-month decline of 1.7%. While this is a modest dip, it's worth noting the index was down 9.0% year-over-year. Such shifts in consumer sentiment often signal broader economic trends that can influence risk appetite across asset classes, including crypto markets.