According to The Kobeissi Letter on Twitter, UnitedHealth ($UNH), a Dow 30 component, has plunged another 16% today, bringing its one-month losses to nearly 60%. The stock has erased $400 billion in market cap in just one month, averaging an $18 billion loss per trading day (source: The Kobeissi Letter, May 15, 2025). This unprecedented decline in a major blue-chip stock could signal heightened volatility and risk-off sentiment in broader financial markets, including cryptocurrencies. Historically, such large-cap sell-offs have led to increased correlations and liquidity shifts between traditional equities and crypto assets, prompting traders to closely monitor Bitcoin and Ethereum for potential spillover volatility.