According to @CNBC, Cisco (CSCO) closed at a record for the first time since the 2000 dot-com peak, marking a new record close for the stock. Source: CNBC tweet dated December 10, 2025. From a trading perspective, a record closing high constitutes a technical breakout often used in momentum and 52-week-high strategies that have historically produced excess returns. Source: George and Hwang, The 52-Week High and Momentum in Stock Returns, Journal of Finance (2004); Jegadeesh and Titman, Returns to Buying Winners and Selling Losers, Journal of Finance (1993). For crypto positioning, equity strength is relevant because Bitcoin’s correlation with U.S. equities rose markedly in recent years alongside measurable volatility spillovers, making large-cap tech milestones potentially informative for BTC and ETH risk sentiment. Source: IMF, Crypto Prices Move More in Sync With Stocks, 2022.