ChainCatcher Message, recently the cryptocurrency market research organization Santiment released an eye-catching analysis on the X platform. Since Trump was elected as the 47th President of the United States, the correlation between cryptocurrencies and the stock market has remained high. However, today Bitcoin has shown a significant upward trend in performance relative to the S&P 500 index.
In recent years, cryptocurrencies have gradually been regarded as "high-leverage tech stocks," but market trends at the beginning of 2025 suggest that Bitcoin may be gradually detaching from the fluctuations of the global stock market. Historical experience indicates that when the correlation between the cryptocurrency market and the stock market weakens, a significant bull market often follows. If Bitcoin can grow independently of the S&P 500 index in January, it would signal the possibility of reaching a historic high.