The S&P 500 just broke through another ceiling—closing above 6,975 and hitting fresh all-time highs. This milestone matters for crypto markets more than most realize. When traditional equities rally hard like this, it signals broader risk-on sentiment across all asset classes. Traders watch these moves carefully since capital tends to flow between stocks and crypto based on Fed policy expectations and macro conditions. Keep an eye on whether this momentum holds or if we see profit-taking soon.