The S&P 500 ended at a record closing high and notched a nine-week winning streak, its first such run since 2023. According to the source, the index has climbed 20.1% since its March 30 low, adding about $11.4 trillion in market capitalization in two months. A move of that size typically signals a broad recovery in risk assets, a dynamic often watched closely by crypto investors because stronger equity sentiment can coincide with higher appetite for volatile digital assets.