According to The Kobeissi Letter, UnitedHealth ($UNH) has dropped 45% in the past month, erasing $300 billion in market capitalization and pulling the Dow Jones down nearly 200 points in a single day (source: @KobeissiLetter, May 13, 2025). In a notable shift, Palantir ($PLTR) now surpasses UnitedHealth in market value. This sharp decline in a major healthcare stock is prompting increased volatility across equity markets, with potential spillover effects into the cryptocurrency sector as investors seek alternative assets and safe havens. Crypto traders should monitor increased capital flows from traditional equities into digital assets as risk sentiment shifts.