Major U.S. equity indices just carved out fresh all-time highs—both the Dow and the S&P 500 closed at record levels. What's driving this? Pretty straightforward: investors are feeling bullish about the broader economic picture right now.

When confidence in macroeconomic stability runs high, risk appetite tends to follow. That sentiment doesn't just stay contained in traditional markets—it often spills over into crypto and other risk-on assets. A strong equity backdrop usually signals liquidity is flowing, and that can create favorable conditions across the board.

Worth keeping an eye on these momentum shifts. When Wall Street's optimistic, it's not unusual to see capital rotation into alternative assets looking for higher returns. The macro environment matters, especially when record-breaking rallies suggest investors aren't pricing in much downside risk at the moment.