According to @CNBC, the S&P 500 and Nasdaq both closed at record highs as Wall Street looked past the risk of a U.S. government shutdown, signaling strong equity momentum that macro traders are watching for cross-asset cues (source: @CNBC). According to IMF research, Bitcoin has exhibited a tighter correlation with U.S. equities since 2020, which makes new stock market highs a relevant risk-on indicator for crypto market participants monitoring BTC and ETH (source: International Monetary Fund). According to @CNBC, the latest all-time highs focus attention on whether broader risk appetite sustains, a factor crypto traders track due to documented equity–crypto co-movement (source: @CNBC; source: International Monetary Fund).