Bitcoin broke through the $50,000 barrier on Thursday and was trading just below the $51,000 mark Friday as the cryptocurrency’s solid leg up followed stocks and other risk assets upward in what may signal a year-end “Santa Claus Rally.” The world’s leading cryptocurrency had been stuck below the psychological barrier of $50,000 for two weeks…
Bitcoin Cracks $50,000 Barrier in Possible Sign of ‘Santa Claus Rally’ in Risk Assets
December 24, 2021
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Is the Santa Claus Stock Market Rally Real? Here Are the Numbers
December is historically one of the best months of the year for the SPDR S&P 500 ETF Trust. However, most of those historical gains have come in the second half of the month in a seasonal trade known as the Santa Claus Rally. The official period of the Santa Claus Rally is the final five trading…
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