September's U.S. personal spending growth came in at 0.3% month-over-month, matching economist forecasts but cooling significantly from August's robust 0.6% gain. This deceleration in consumer activity could influence Federal Reserve rate decisions ahead, potentially shifting liquidity dynamics across risk assets including digital currencies. The slowdown reflects consumer caution as inflation pressures persist, though spending remains in positive territory. Markets will watch whether this trend continues into Q4, as sustained moderation might open the door for dovish policy pivots.