According to Brad Freeman (@StockMarketNerd), the resurgence of retail access to speculative, early-stage firms outside the traditional IPO process, reminiscent of the SPAC boom, may lead to increased risk exposure for retail traders (source: Twitter, May 27, 2025). This shift could impact the cryptocurrency market as capital allocation trends change, with investors potentially diverting funds from crypto to new high-risk equity vehicles. Traders should monitor SPAC-related developments, as similar speculative behavior historically influenced crypto volatility and altcoin performance during previous risk-on cycles (source: Twitter, May 27, 2025).