According to Eric Balchunas, recent market headlines have shifted rapidly between fears over tariffs impacting stocks and concerns about rising yields due to deficit worries from the tax bill, leading to persistent FUD (fear, uncertainty, doubt) in the stock market. This volatility, with stocks rebounding on risk-on sentiment and treasuries declining, signals increased market uncertainty (source: Eric Balchunas, Twitter, June 3, 2025). For crypto traders, such swings in traditional markets often boost interest in digital assets as alternative investments, potentially increasing demand and price momentum for cryptocurrencies during periods of heightened financial FUD.