According to @KobeissiLetter, the S&P 500 reached 6,600 for the first time and is up 36% from its April 2025 bottom, marking one of the strongest five-month rallies in U.S. history. Source: The Kobeissi Letter on X, Sep 12, 2025. For traders, a fresh SPX all-time high reinforces a risk-on regime where crypto and equities have historically moved more in sync; the IMF documented that BTC–S&P 500 correlations rose markedly during 2020–2021, making it prudent to monitor BTC and ETH beta to equities when stocks surge. Sources: The Kobeissi Letter on X, Sep 12, 2025; International Monetary Fund, Jan 2022, Crypto Prices Move More in Sync With Stocks.

According to Fox News, American Eagle stock experienced a notable 20% surge, reaching a $400 million market capitalization following public support from President Trump. This rapid increase highlights the influence that high-profile endorsements can have on equities, with potential spillover effects on related retail and consumer-driven tokens in the crypto market. Traders should monitor for heightened volatility in both traditional stocks and retail sector-linked crypto assets as investor sentiment may translate across markets (source: Fox News).

According to Evan (@StockMKTNewz) on Twitter, the S&P 500 experienced one of its best trading days in 2025, signaling heightened investor confidence in traditional equities. This robust stock market rally may prompt a temporary rotation of capital out of riskier crypto assets, as traders seek to capitalize on equity gains. Historically, major equity index surges like this have resulted in short-term volatility for Bitcoin and altcoins, as observed in previous cycles (Source: @StockMKTNewz, May 12, 2025). Crypto traders should monitor correlations between S&P 500 movements and digital asset price actions for potential trading opportunities.