According to Evan (@StockMKTNewz), on April 3, 2025, the S&P 500 experienced its third largest daily point loss in history, with nearly all constituent stocks closing in the red. This broad sell-off signaled heightened risk aversion, prompting significant liquidity flows as traders sought safer or alternative assets. Historical data shows that sharp S&P 500 declines often drive short-term volatility spikes in major cryptocurrencies like Bitcoin and Ethereum, as investors rebalance portfolios in response to equity turmoil (source: Evan via Twitter, May 25, 2025). Traders should monitor crypto price action closely following major equity drawdowns, as digital assets may experience increased trading volumes and price swings during such periods.