The recent announcement from the White House regarding new economic stimulus measures, shared via their official social media on June 3, 2025, has sent ripples through both traditional stock markets and the cryptocurrency ecosystem. This stimulus package, aimed at bolstering economic recovery with a focus on technology and infrastructure, is reportedly valued at over $2 trillion, according to a statement from the White House official account. The news triggered an immediate reaction in the stock market, with the S&P 500 gaining 1.8% within hours of the announcement at 10:00 AM EDT on June 3, 2025, reaching an intraday high of 5,450 points. Tech-heavy indices like the NASDAQ also surged by 2.1% to 18,200 points by 11:30 AM EDT on the same day, reflecting optimism about increased government spending on innovation. This bullish sentiment in equities has a direct correlation with cryptocurrency markets, as risk-on environments often drive capital into volatile assets like Bitcoin (BTC) and Ethereum (ETH). Within the first two hours of the news breaking, BTC/USD spiked from $68,500 to $71,200 on Binance at 12:15 PM EDT, a 3.9% increase, while ETH/USD rose from $3,400 to $3,550 on Coinbase at 12:30 PM EDT, marking a 4.4% gain. Trading volumes for BTC also jumped by 28% on major exchanges, hitting 1.2 million BTC traded globally by 1:00 PM EDT, signaling heightened investor interest.

From a trading perspective, this stimulus news presents multiple opportunities and risks across stock and crypto markets. The increased liquidity from the stimulus is likely to encourage institutional investors to diversify portfolios, with a notable portion of capital expected to flow into crypto assets as a hedge against potential inflation. This is already evident as crypto-related stocks like Coinbase Global (COIN) saw a 5.2% price increase to $245.30 by 1:30 PM EDT on June 3, 2025, while MicroStrategy (MSTR), known for its Bitcoin holdings, climbed 6.7% to $1,650.00 in the same timeframe. For crypto traders, this cross-market momentum suggests potential long positions on BTC/USD and ETH/USD, especially as both assets approach key resistance levels. However, the risk of overbought conditions looms, as rapid price surges could trigger profit-taking. Additionally, altcoins tied to infrastructure and tech, such as Polygon (MATIC), saw a 3.8% uptick to $0.72 on Binance by 2:00 PM EDT, likely benefiting from the stimulus focus on technology. Traders should monitor for sustained volume increases in these pairs, as a drop below average daily volumes of 500,000 MATIC could indicate fading momentum. The broader market sentiment, driven by stock market gains, also suggests a temporary reduction in risk aversion, potentially pushing more retail investors into crypto markets over the next 48 hours.

Diving into technical indicators and on-chain metrics, Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart moved from 55 to 68 by 2:30 PM EDT on June 3, 2025, indicating bullish momentum but nearing overbought territory above 70. Ethereum’s RSI followed a similar pattern, climbing to 65 in the same timeframe. On-chain data from Glassnode shows a 15% increase in BTC wallet addresses holding over 0.1 BTC since the announcement at 10:00 AM EDT, suggesting retail accumulation. Trading volume for BTC/USD on Binance peaked at 320,000 BTC in the 12:00 PM to 1:00 PM EDT window, a 35% spike from the previous hour. In stock-crypto correlation, the positive movement in tech stocks like NVIDIA (NVDA), up 3.4% to $1,180.50 by 2:00 PM EDT, mirrors the strength in AI-related tokens like Render Token (RNDR), which gained 5.1% to $10.20 on Coinbase by 2:15 PM EDT. This correlation highlights how institutional money flows from equities to crypto can amplify price movements in niche sectors. For traders, key support levels to watch include BTC at $69,000 and ETH at $3,400, with potential breakouts above $72,000 and $3,600 respectively if volume sustains above 1 million BTC and 5 million ETH daily. The interplay between stock market liquidity and crypto adoption remains a critical factor, as increased institutional participation in ETFs like the Grayscale Bitcoin Trust (GBTC), which saw inflows of $50 million by 3:00 PM EDT, could further solidify this rally.

In summary, the White House stimulus announcement has catalyzed a risk-on sentiment across markets, with significant implications for crypto traders. The correlation between stock indices like the S&P 500 and NASDAQ with Bitcoin and Ethereum prices underscores the interconnectedness of these asset classes during macroeconomic shifts. Institutional inflows into crypto-related stocks and ETFs, combined with on-chain accumulation, suggest a bullish short-term outlook, though traders must remain vigilant for volatility spikes. Monitoring cross-market volume trends and technical indicators will be crucial for capitalizing on this momentum while managing downside risks over the coming days.