According to the source, traders are comparing BTC and the S&P 500 as AI-led equity momentum reshapes risk appetite (source: discussion context). Over long horizons, the S&P 500 has delivered roughly 10% nominal annualized total returns including dividends, providing a benchmark for equity compounding (source: S&P Dow Jones Indices). Since 2011, BTC has produced substantially higher cumulative returns but with multiple cycle drawdowns exceeding 75% and persistently higher realized volatility than equities (source: Coin Metrics). BTC’s rolling correlation with tech-heavy equity indices turned positive for extended periods in 2023–2024 during AI-led equity rallies, but the relationship remained unstable and regime-dependent (source: Kaiko; S&P Dow Jones Indices). AI mega-cap concentration drove a large share of S&P 500 gains in 2023–2024, led by NVIDIA (NVDA), making index performance more sensitive to tech factors also relevant for crypto beta (source: S&P Dow Jones Indices). For positioning, consider a barbell: express BTC exposure for crypto-specific catalysts while hedging equity beta with index futures during risk-on correlation spikes (source: Kaiko; CME Group).

According to @KobeissiLetter, since 1975 there have been only six instances where the S&P 500 rose 30% or more over five months, and 2025 is one of them. Source: @KobeissiLetter; Carson Research via @KobeissiLetter. In those prior cases, the S&P 500 finished higher at both six and twelve months, with an average 12‑month gain of 18.1%. Source: Carson Research via @KobeissiLetter. The post adds that the Federal Reserve is about to begin cutting rates as the AI cycle accelerates, framing a pro‑risk backdrop. Source: @KobeissiLetter. For traders, this macro setup is being monitored as a potential tailwind for liquidity and risk appetite across equities and crypto markets. Source: @KobeissiLetter.

According to @KobeissiLetter, approximately 50% of Nvidia ($NVDA) employees are now worth over $25 million, while around 80% have become millionaires. This dramatic increase in employee wealth highlights the scale of value creation in the AI sector, signaling strong investor confidence and potential continued capital inflows into AI-related stocks and associated crypto projects. The soaring wealth at Nvidia further underscores the ongoing synergy between tech equities and the cryptocurrency market, as traders monitor cross-market momentum and seek exposure to AI-driven digital assets. Source: @KobeissiLetter.

According to @KobeissiLetter, nearly 50% of Nvidia (NVDA) employees now hold personal net worths exceeding $25 million, while 80% are millionaires due to the company's explosive growth during the AI revolution. This unprecedented wealth creation highlights the significant impact of AI advancements on equity compensation and stock performance. For crypto traders, Nvidia's AI-driven wealth surge may signal continued bullish sentiment for AI-related tokens and blockchain projects supporting artificial intelligence, as investor appetite for AI exposure remains high (Source: @KobeissiLetter).