According to Crypto Rover (@rovercrc), the stock market opened in negative territory on May 5, 2025, sparking concerns about a potential spillover effect on Bitcoin and the broader cryptocurrency market. Historically, sharp downturns in traditional equity markets have led to increased volatility and short-term declines in crypto prices as risk sentiment deteriorates (source: Crypto Rover Twitter, 2025-05-05). Traders should monitor key support levels for Bitcoin around $60,000 and watch for increased trading volume, as cross-market correlations tend to intensify during macro sell-offs. Short-term trading strategies may include tighter stop losses and close monitoring of correlation ratios between major indices and cryptocurrencies.