Santiment: If Bitcoin and altcoins detach from the influence of the S&P 500 index and grow in January, there is a high probability of setting a new historical high

Odaily Planet Daily reported that Santiment stated on platform X that since Trump was elected the 47th President of the United States, the correlation between the cryptocurrency and stock markets has been relatively high. However, we are now beginning to see Bitcoin's performance lead the S&P 500 index (compared to their normal volatility range). Over the past three years, most of the community has viewed cryptocurrencies as a form of 'high-leverage tech stocks.' However, signs from early 2025 indicate that Bitcoin may break away from the usual correlation with the global stock market. Historically, when the correlation between the crypto market and the stock market is low or even non-existent, it often precedes 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 will be a strong signal indicating a high likelihood of setting new historical highs.