According to @KobeissiLetter, US annualized tariff revenue has reached $350 billion, up 355% versus 2024, while the S&P 500 has added roughly $16 trillion in market value since April 2025. Source: @KobeissiLetter on X, Sep 21, 2025. Because Bitcoin’s correlation with US equities rose materially in 2020–2022, equity liquidity and momentum shifts tied to such macro updates are relevant inputs for BTC and ETH positioning. Source: International Monetary Fund (Crypto Prices Move More in Sync with Stocks), Jan 2022; context: @KobeissiLetter on X, Sep 21, 2025. Near term, traders can watch equity breadth and volatility as cross-asset signals and monitor US trade policy headlines for potential catalysts that may spill over into crypto. Source: International Monetary Fund (Crypto Prices Move More in Sync with Stocks), Jan 2022; context: @KobeissiLetter on X, Sep 21, 2025.

According to @StockMKTNewz, the total combined value of the S&P 500 reached a new all-time high of $57.3 trillion, source: @StockMKTNewz on X dated August 14, 2025. BTC and ETH have shown time-varying positive correlations with US equities, with correlations rising to multi-year highs in 2022 and moderating through 2024, making equity milestones relevant for crypto risk positioning, source: Kaiko Research 2024 and IMF Global Financial Stability Note 2022. Traders can monitor BTC and ETH correlation and beta versus the S&P 500 around macro catalysts to gauge potential spillovers between equities and crypto, as documented in cross-asset regime analyses, source: Kaiko Research 2024.

According to The Kobeissi Letter, since the April 7th, 2025 low, the S&P 500 has increased its market capitalization by approximately $7.5 trillion, with the Magnificent 7 tech giants accounting for around 54% of this gain by adding $4 trillion in value. This concentration of growth highlights Big Tech's dominant influence on the broader market's performance. For crypto traders, this signals that equity market momentum remains closely tied to tech sector performance, which historically correlates with positive sentiment and increased liquidity in the cryptocurrency market (Source: The Kobeissi Letter, June 4, 2025).

According to The Kobeissi Letter, the S&P 500 has gained around $7.5 trillion in market capitalization since the April 7th low, with the Magnificent 7 tech stocks contributing approximately $4 trillion or 54% of this growth (source: The Kobeissi Letter on X, June 4, 2025). This dominance highlights how Big Tech's performance is central to overall market momentum. For crypto traders, this concentration of gains in tech stocks signals that risk appetite remains focused on growth sectors, which often correlates with increased capital flows into digital assets during bullish equity cycles. Monitoring Big Tech earnings and S&P 500 performance remains critical for anticipating broader shifts in crypto market sentiment.

According to The Kobeissi Letter, money market fund assets under management have surged to a record $7.4 trillion, now accounting for approximately 15% of the S&P 500's market capitalization, up from 13% in February (source: The Kobeissi Letter, Twitter, May 5, 2025). Over the past two years, these assets have increased by $2 trillion, indicating a significant shift in capital allocation despite recent Fed rate cuts. For traders, this trend suggests heightened risk aversion and a preference for liquidity, which could lead to lower equity market inflows and increased volatility in both traditional and crypto markets as investors seek safe havens.