According to Charlie Bilello, the Dow crossed above 49,000 for the first time, marking its 21st 1,000-point milestone of the current decade, source: Charlie Bilello, X, Jan 5, 2026. For traders, major U.S. equity milestones are relevant to crypto risk sentiment, as the IMF documented rising correlations between crypto assets and U.S. equities since 2020, source: IMF Global Financial Stability Report, October 2022.

According to Crypto Rover (@rovercrc), the U.S. stock market is experiencing a significant rally, which historically precedes bullish momentum in the cryptocurrency market. Traders are closely monitoring key indices like the S&P 500 and Nasdaq, as their upward trends often lead to increased risk appetite and capital inflows into major cryptocurrencies such as Bitcoin and Ethereum (source: Crypto Rover, June 6, 2025). This correlation suggests that crypto traders should prepare for potential price surges and monitor breakout patterns across top digital assets.