According to The Kobeissi Letter, the S&P 500 recorded a 6.2% increase in May 2025, marking its best monthly performance since November 2023 (source: @KobeissiLetter, May 30, 2025). This significant equity rally signals renewed risk appetite among institutional investors, which typically correlates with increased capital flows into the cryptocurrency market. Traders should monitor potential Bitcoin and Ethereum price reactions, as historical trends suggest strong equity performance can trigger bullish sentiment in major digital assets.