According to The Kobeissi Letter, S&P 500 companies have generated $1.2 trillion in revenue from Chinese consumers over the past 12 months, as reported by Apollo. This figure is four times the total US trade deficit with China and represents roughly 7% of the S&P 500’s total revenue exposure. For crypto traders, this substantial linkage highlights that any macroeconomic volatility or regulatory policy shifts in China could impact US equity performance, potentially driving correlated volatility in the cryptocurrency market due to cross-asset risk sentiment and capital flows. Source: The Kobeissi Letter on Twitter (May 10, 2025).

According to The Kobeissi Letter, the S&P 500 has surged 13.7% over the last 21 trading sessions, marking its strongest 21-day performance since 2020, when a 25% gain was recorded (source: @KobeissiLetter, May 9, 2025). Only five other periods this century have witnessed stronger 21-day gains, highlighting the exceptional nature of this recovery. For crypto traders, such historic equity market rallies often signal increased risk appetite, which can translate into higher flows into Bitcoin and altcoins as investors seek diversified returns. Traders should monitor how this bullish momentum in traditional markets could fuel renewed crypto price action and potentially trigger short-term volatility across major digital assets.

According to The Kobeissi Letter, President Trump publicly advised, 'you better go out and buy stocks now' on May 8, 2025 (source: The Kobeissi Letter on Twitter). Historically, such presidential endorsements often boost short-term investor sentiment and can drive a surge in traditional equity markets. For crypto traders, this bullish rhetoric signals increased risk appetite, potentially leading to higher inflows into both stocks and digital assets as investors seek growth opportunities. Close monitoring of equity and crypto correlations is advised, as renewed confidence in equities could either attract capital away from crypto or spark a broad-based rally across risk assets.