Santa Claus Rally Looms as Crypto Watches S&P 500 Correlation
Global markets enter the seasonal Santa Claus Rally window, with the S&P 500 historically gaining 1.6% during this period 79% of the time since 1929. The last eight Decembers saw only one decline, reinforcing its reputation as a bullish phase for traditional finance.
Cryptocurrency traders now monitor whether digital assets will mirror equities’ seasonal strength. Bitcoin and major altcoins face a litmus test as institutional interest grows amid volatile macroeconomic conditions. The interplay between risk-on sentiment and crypto-specific catalysts like ETF approvals remains pivotal.