According to The Kobeissi Letter, the S&P 500 has officially turned positive for the year after climbing more than 1,000 points from its April low (Source: The Kobeissi Letter, May 13, 2025). This robust stock market recovery signals renewed risk appetite among investors, which historically correlates with increased capital flow into major cryptocurrencies like Bitcoin and Ethereum. Crypto traders should monitor equity momentum, as positive sentiment in traditional markets often drives short-term rallies in digital assets, enhancing trading opportunities for altcoins and DeFi tokens.