According to Evan (@StockMKTNewz), UnitedHealth Group (UNH) is currently under criminal investigation for possible Medicare fraud, as reported by the Wall Street Journal. This development has triggered immediate volatility in healthcare sector stocks, with UNH experiencing sharp pre-market declines. For crypto traders, the news is relevant as heightened uncertainty and risk aversion in traditional equity markets often lead to increased interest in digital assets as alternative investments. Source: Evan (@StockMKTNewz), WSJ.

According to @StockMKTNewz citing CNBC, Steve Cohen, the founder of Point72 Asset Management, warned that U.S. stocks could revisit their April lows and assigned a 45% probability to a recession. This bearish outlook from a major institutional investor may increase risk aversion across traditional and crypto markets, leading to potential volatility in Bitcoin and altcoin prices as traders hedge against macroeconomic uncertainty. Market participants should closely monitor equity index levels and macroeconomic headlines for signals affecting crypto momentum. Source: @StockMKTNewz on Twitter, CNBC.