According to Evan (@StockMKTNewz), the S&P 500 index is down by less than 1% so far in 2025, signaling relative market stability despite recent volatility (source: Twitter, May 12, 2025). For crypto traders, this minor decline in the S&P 500 suggests that traditional equities are not experiencing major risk-off sentiment, which may limit large capital inflows into cryptocurrencies in the short term. However, continued close correlation between major indices and crypto assets means traders should monitor equity markets for any shifts that could trigger volatility or safe-haven demand in Bitcoin, Ethereum, and other high-liquidity tokens.