According to @KobeissiLetter, the median value of US consumers’ stock market investments has surpassed $300,000 for the first time, more than tripling since April 2020, and rising about $100,000 (+50%) since March; equities now account for a record 52% of US households’ financial allocation, roughly 5 percentage points above the 2000 dot-com peak (source: @KobeissiLetter). For trading, record-high household equity allocation highlights concentrated exposure in traditional risk assets that crypto participants monitor given documented post-2020 comovement between Bitcoin and US equities; the IMF reports that BTC’s correlation with the S&P 500 rose markedly in recent years, indicating higher cross-asset spillover risk that BTC and ETH traders track alongside equity flows and breadth (source: IMF 2022 analysis).