According to @StockMKTNewz, the total combined value of the S&P 500 reached a new all-time high of $57.3 trillion, source: @StockMKTNewz on X dated August 14, 2025. BTC and ETH have shown time-varying positive correlations with US equities, with correlations rising to multi-year highs in 2022 and moderating through 2024, making equity milestones relevant for crypto risk positioning, source: Kaiko Research 2024 and IMF Global Financial Stability Note 2022. Traders can monitor BTC and ETH correlation and beta versus the S&P 500 around macro catalysts to gauge potential spillovers between equities and crypto, as documented in cross-asset regime analyses, source: Kaiko Research 2024.