According to @moonshot, the S&P 500 recorded its highest close in history with SPX referenced at 6900 on Jan 10, 2026, relayed from Degenerate News on X (source: @moonshot on X). Historically, rising US equities have coincided with stronger positive BTC-SPX correlations, indicating a risk-on backdrop that can increase beta transmission to Bitcoin (BTC) and Ethereum (ETH) during such equity strength (source: International Monetary Fund, Crypto Prices Move More in Sync With Stocks, Jan 2022).

According to the source, the S&P 500 reportedly hit 6,900 for the first time, but this claim is unverified and should be confirmed against official SPX levels and time stamps from S&P Dow Jones Indices and cross-checked with CME E-mini S&P 500 futures prints for validation, source: S&P Dow Jones Indices; CME Group. If a new SPX all-time high is confirmed, traders often reassess crypto beta exposure given documented periods of positive BTC–equity correlation and should monitor BTC and ETH spot-futures basis, funding rates, the U.S. Dollar Index, and Treasury yields for cross-asset risk signals, source: Coin Metrics; Kaiko; ICE Data Indices; U.S. Treasury.