Santiment: Bitcoin may be gradually deviating from the normal fluctuation trajectory of global stock markets, which is a bullish signal
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2025-01-07 12:02 4,504
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According to news on January 7, crypto market research organization Santiment published an article on the X platform stating that since Trump was elected as the 47th President of the United States two months ago, the correlation between cryptocurrencies and stocks has remained at a high level. . But today, we observed Bitcoin exhibiting a surge relative to the S&P 500 Index (based on its regular range).
For much of the past three years, cryptocurrencies’ image in the minds of most community members has gradually shifted to that of “highly leveraged tech stocks.” However, there are signs in early 2025 that Bitcoin may be gradually breaking away from the normal fluctuation trajectory of global stock markets.
Historically, cryptocurrency markets tend to thrive and experience their most significant bull runs during periods when there is little or no correlation with the stock market. If Bitcoin and other cryptocurrencies can post strong gains in January independent of the S&P 500, it would be a strong signal that new all-time highs are more likely.