Santiment tweeted that since Trump was elected as the 47th President of the United States, the correlation between the cryptocurrency and stock markets has been high. However, we are now beginning to see Bitcoin's performance lead the S&P 500 index (compared to their normal range of fluctuations). Over the past three years, most of the community has viewed cryptocurrencies as a 'high-leverage tech stock.' However, signs from early 2025 indicate that Bitcoin may break free from the conventional link with the global stock market.
Historically, when the correlation between the crypto market and stock market is low or even non-existent, it often heralds the most significant bull markets. If Bitcoin and other altcoins can continue to grow this January without relying on the S&P 500 index, it would be a strong signal indicating a high likelihood of reaching new historical highs.