According to TechFlow, on January 7, the data analysis platform Santiment reported that since Trump was elected the 47th President of the United States two months ago, cryptocurrencies have maintained a high correlation with the stock market. However, Bitcoin has recently begun to break through this correlation and has shown an independent upward trend relative to the S&P 500. In the past three years, cryptocurrencies have often been regarded as "highly leveraged technology stocks" in the market, but data from early 2025 show that BTC may be breaking away from its volatile correlation with global stock markets.

The report points out that historical data shows that crypto markets tend to experience their most significant bull markets when their correlation with the stock market is low. Analysts believe that if Bitcoin and altcoins can achieve growth independent of the S&P 500 in January, it will be a strong hint that the market is likely to reach new all-time highs.