According to The Kobeissi Letter, the S&P 500 surged 17.2% and the Nasdaq 100 jumped 23.2% over the past six weeks, marking their strongest performance since 2020. This sharp rally, with the S&P 500 also gaining 5.3% in the past week, signals renewed risk appetite and liquidity in broader markets. For crypto traders, this historic rebound in traditional equities often correlates with increased inflows and higher volatility in digital asset markets, as institutional investors diversify across asset classes. Traders should monitor for potential short-term crypto price spikes and volatility, as positive sentiment from equities may spill over into the cryptocurrency sector (Source: The Kobeissi Letter, Twitter, May 17, 2025).