According to @KobeissiLetter, after widespread claims on November 20 that the AI bubble had popped and a subsequent $2 trillion drawdown by November 21, the S&P 500 rallied roughly 300 points from the low within three trading days, highlighting a sharp risk-on reversal in U.S. equities, source: The Kobeissi Letter on X, November 26, 2025. For crypto traders, IMF research has documented that Bitcoin and equities have become increasingly correlated since 2020, suggesting equity momentum can spill over to BTC and ETH risk sentiment, source: International Monetary Fund, Crypto Prices Move More in Sync With Stocks, January 2022, and related IMF research.

According to @KobeissiLetter, the S&P 500 has surged roughly 250 points from Friday’s low, is now above the November 20 high, and has added about $2.1 trillion in market capitalization in under three trading days, effectively erasing last week’s selloff, signaling a swift risk-on reversal for macro markets. source: @KobeissiLetter For crypto traders, risk-on strength in U.S. equities is often associated with improved liquidity and higher beta positioning in BTC and ETH during positive correlation regimes observed across 2023–2024, so monitoring cross-asset correlation remains key. source: Kaiko research; Coin Metrics research The source also noted the S&P 500 is roughly 2.2% from a referenced threshold, reinforcing the momentum backdrop that crypto traders may track for spillover into digital asset risk-taking. source: @KobeissiLetter

According to @CNBC, buyers stepped in on oversold conditions and pulled the S&P 500 out of a decline during Monday’s session. Source: https://twitter.com/CNBC/status/1993068654762627090 According to @CNBC, this comes from Michael Santoli’s Monday market wrap-up highlighting the oversold setup and subsequent recovery in the S&P 500. Source: https://twitter.com/CNBC/status/1993068654762627090 According to @CNBC, no crypto-specific details were provided in the update; the item strictly notes the S&P 500 rebound from oversold conditions. Source: https://twitter.com/CNBC/status/1993068654762627090

According to The Kobeissi Letter, oil prices have sharply dropped to below $60.00 while the S&P 500 and other risky assets experienced a rebound. This divergence is attributed to oil markets actively pricing in a potential recession and anticipating a sustained decline in global demand, based on market movements observed over recent months (source: The Kobeissi Letter, April 30, 2025). For traders, this signals increased bearish sentiment in crude oil futures and spot markets, emphasizing the importance of monitoring macroeconomic indicators and demand forecasts for short-term trading strategies.