According to @KobeissiLetter, the S&P 500’s current bull market began on October 12, 2022 and is up about 85%, adding roughly $28 trillion in market value. Source: @KobeissiLetter. According to @KobeissiLetter, among 13 prior post‑WWII bull markets, 7 extended into a fourth year with an average total gain of 88%. Source: @KobeissiLetter. According to @KobeissiLetter, since 1950 the bull markets that reached their fourth year delivered an average S&P 500 gain of 12.8%, with the strongest fourth years in 1957 and 1972 at 28.4% and 29.7% respectively. Source: @KobeissiLetter. According to @KobeissiLetter, this historical profile suggests room to run into year four, making AI-led equity momentum a key cross-asset watch for crypto traders seeking risk-on confirmation. Source: @KobeissiLetter. According to @KobeissiLetter, the open question is whether AI can fuel another 12 months of gains, a catalyst to monitor for potential sentiment spillovers into BTC and ETH. Source: @KobeissiLetter.

According to The Kobeissi Letter, gold surged by $60 in a matter of minutes at 9:50 AM ET today, despite the absence of any major news. Gold prices have now climbed 5% from last week’s low, even as the S&P 500 officially enters a new bull market (source: The Kobeissi Letter, May 20, 2025). This sharp rise in a traditional safe haven asset during a risk-on equity rally signals heightened underlying market uncertainty and growing demand for portfolio hedges. For crypto traders, this unusual gold price action suggests investors may continue to seek non-traditional stores of value, including Bitcoin and leading altcoins, as part of a broader risk management strategy. Closely monitoring gold and crypto market correlations is now critical for identifying shifts in capital flows and potential volatility in digital asset prices.

According to The Kobeissi Letter, gold prices surged by $60 in a matter of minutes at 9:50 AM ET, even as the S&P 500 entered a new bull market, with no major news triggering the move (source: Twitter/@KobeissiLetter, May 20, 2025). This rapid 5% rise from last week's low highlights heightened demand for safe haven assets, suggesting underlying market uncertainty despite bullish equities. For crypto traders, the gold rally may signal increased risk-off sentiment, potentially driving renewed interest in Bitcoin and other digital assets as alternative stores of value. Monitoring gold's price action alongside equities can provide valuable clues for crypto market positioning.

According to The Kobeissi Letter, the S&P 500 has officially entered a new bull market, rising 20% since April 2025. This move signals heightened volatility and historic price action in both stocks and commodities, which is likely to impact correlated cryptocurrency assets such as Bitcoin and Ethereum. Traders should closely monitor traditional markets, as increased risk appetite in equities can lead to rising inflows into crypto markets, while volatility in commodities may influence crypto price swings. Source: The Kobeissi Letter Twitter, May 13, 2025.

According to The Kobeissi Letter, the S&P 500 has officially closed over 20% above its April low, signaling the start of a new bull market, with the index gaining more than 1,000 points in just one month (source: The Kobeissi Letter, Twitter, May 12, 2025). This significant equity rally often leads to increased investor risk appetite, which historically correlates with stronger inflows into the cryptocurrency market, especially Bitcoin and Ethereum. Crypto traders should monitor cross-market momentum as bullish sentiment in stocks can trigger parallel rallies in major digital assets.