According to The Kobeissi Letter, the Dow Jones Industrial Average extended gains to over 500 points as US markets rebounded on Nov 21, 2025. Source: The Kobeissi Letter on X: https://twitter.com/KobeissiLetter/status/1991912917676220451 Based on this reported equity rebound, traders may monitor BTC and ETH for shifts in liquidity and volatility if risk-on sentiment persists during the US session. Source: The Kobeissi Letter on X: https://twitter.com/KobeissiLetter/status/1991912917676220451 No crypto assets were mentioned in the source, so crypto impact should be assessed via live order flow and correlation screens rather than assumptions. Source: The Kobeissi Letter on X: https://twitter.com/KobeissiLetter/status/1991912917676220451

According to Eric Balchunas on Twitter, the US stock market has quickly shifted from a "Bye America" to a "Buy America" narrative, with a notable rebound that stands in contrast to mainstream headlines (source: Eric Balchunas Twitter, June 7, 2025; Bloomberg). This resilience is forcing investors to adjust to a persistent gap between market performance and news sentiment. For crypto traders, this rebound suggests increased correlation between US equities and digital assets, as risk-on sentiment in stocks often translates to upward momentum in leading cryptocurrencies such as Bitcoin and Ethereum. Market participants should monitor this equity-crypto link for potential trading opportunities amid shifting investor risk appetites.