According to The Kobeissi Letter, since the April 7th, 2025 low, the S&P 500 has increased its market capitalization by approximately $7.5 trillion, with the Magnificent 7 tech giants accounting for around 54% of this gain by adding $4 trillion in value. This concentration of growth highlights Big Tech's dominant influence on the broader market's performance. For crypto traders, this signals that equity market momentum remains closely tied to tech sector performance, which historically correlates with positive sentiment and increased liquidity in the cryptocurrency market (Source: The Kobeissi Letter, June 4, 2025).