According to The Kobeissi Letter, the collapse of UnitedHealth ($UNH) marks a significant event that will be analyzed for its lasting effects on both the healthcare sector and broader financial markets. This sharp decline in $UNH stock has triggered heightened volatility in related healthcare equities and exchange-traded funds, leading to increased risk-off sentiment among traders (source: The Kobeissi Letter, May 13, 2025). Notably, major stock market corrections often prompt institutional investors to seek alternative assets, including leading cryptocurrencies like Bitcoin and Ethereum, as safe havens during periods of uncertainty. As a result, the collapse of UnitedHealth is contributing to increased inflows and trading volumes in the crypto market, underscoring the growing correlation between traditional equities and digital assets.