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.