According to @KobeissiLetter, the S&P 500 Communication Services sector has surged 184% over the last three years, marking the strongest 3-year gain on record, surpassing the 155% peak from the 2000 Dot-Com era (source: @KobeissiLetter). Since the 2022 bear market low, the sector has rallied nearly 200%, with META up 588% and GOOGL up 259%, driving outsized sector returns (source: @KobeissiLetter). The Communication Services index now trades 39% above its March 2000 peak, underscoring an unprecedented momentum regime in US tech (source: @KobeissiLetter). For crypto traders, prior cycles have shown that BTC’s correlation with US tech equities can rise during risk-on phases, suggesting sector momentum may inform BTC and ETH beta monitoring (source: Kaiko).