Major equity index futures are feeling the pressure today. The S&P 500 futures have extended their losses and hit a session low, dropping 0.5% as traders navigate shifting market conditions.

This kind of volatility in traditional markets often ripples through the crypto space—when traditional finance sneezes, digital assets tend to catch a cold. The broader market sentiment is clearly cautious right now, and investors are reassessing their risk appetite across asset classes. Keep an eye on how these equities moves play out, as they could signal what's coming for Bitcoin and altcoins in the sessions ahead.