Why do Cryptos drop in December and rise in January?
Cryptocurrencies are known for their volatility, but if we look at historical trends, an interesting pattern emerges: often, the cryptocurrency market experiences a drop in December and only begins to grow again in January. This phenomenon is not a rule, but it occurs frequently enough to pique the curiosity of investors and enthusiasts. But why does this happen? Let's explore the possible reasons.
1. Year-End Factors
The month of December is marked by events that directly influence financial markets, including the cryptocurrency market:
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.