Global markets are on fire right now. The MSCI All Country World Index (ACWI) just hit a milestone—47 countries reached 52-week highs, which is literally the most we've ever seen. Think about that: more than two-thirds of the index (67% to be exact) is now trading at record levels.

This isn't just a small blip either. It smashes the previous all-time high, signaling broad-based strength across global equity markets. When you see this kind of synchronized bull run across diverse economies and regions, it's a pretty big deal. For crypto traders watching macro trends, this kind of risk-on sentiment usually correlates with higher appetite for alternative assets too.