List of Flash News about macro policy crypto impact
Time | Details |
---|---|
2025-05-16 23:25 |
S&P 500 Near All-Time High After US-China Tariff Pause: Crypto Market Correlation Insights
According to Santiment (@santimentfeed), the S&P 500 index is trading at $5,953.57, within close range of its all-time high of $6,147.43 set on February 19, 2025. This comes after a 90-day tariff pause between the U.S. and China implemented on Monday, which has contributed to market stability. Crypto markets remain somewhat correlated with equities, suggesting that continued strength in stocks could bolster bullish momentum for major cryptocurrencies. Traders should monitor both markets closely, as macroeconomic policy shifts like this tariff pause may drive synchronized price action in both equities and digital assets (Source: Santiment, May 16, 2025). |