According to Santiment (@santimentfeed), the S&P 500 index is trading at $5,953.57, within close range of its all-time high of $6,147.43 set on February 19, 2025. This comes after a 90-day tariff pause between the U.S. and China implemented on Monday, which has contributed to market stability. Crypto markets remain somewhat correlated with equities, suggesting that continued strength in stocks could bolster bullish momentum for major cryptocurrencies. Traders should monitor both markets closely, as macroeconomic policy shifts like this tariff pause may drive synchronized price action in both equities and digital assets (Source: Santiment, May 16, 2025).

According to Evan (@StockMKTNewz), the Magnificent 7 stocks—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla—opened with a mixed performance today, with three stocks in the green and four in the red (Source: Twitter, May 13, 2025). This uneven start suggests heightened volatility in major tech equities, which historically influences sentiment and liquidity in the cryptocurrency market. Traders should monitor correlations between tech stock trends and Bitcoin or Ethereum price movements, as shifts in risk appetite often spill over into digital assets. Today’s stock action could signal short-term uncertainty for crypto traders seeking direction.