The S&P 500 just hit an intraday record high, riding the wave of growing rate cut expectations. The market's betting on looser monetary policy ahead, which is giving equities a serious boost. This kind of macro shift typically ripples across asset classes—when traditional markets like large-cap stocks are rallying on dovish signals, it often signals broader appetite for risk assets. Crypto traders should pay attention to these Fed policy signals and interest rate trajectory, as they've historically influenced capital flows into alternative investments and shaped market sentiment.