S&P 500 just broke through to fresh all-time highs, marking another milestone in the equity market's rally. For crypto investors watching macro trends, this move signals continued confidence in risk assets and broader economic expectations. When traditional markets surge like this, it often reshapes liquidity flows and investor appetite across different asset classes—including digital assets. The rally reflects optimism about growth and corporate earnings, though it's worth noting how these equities cycles typically influence altcoin momentum and market sentiment in the crypto space. Trading against the backdrop of bullish equity performance can shift how institutions allocate capital between traditional and digital asset portfolios.