Bitcoin (BTC) and cryptocurrencies may continue their rally after the S&P500 reaches a high.
On-chain analysis platform Santiment shared on Twitter on January 27. in postgave information about the current situation about Bitcoin and the cryptocurrency market.
In the statement made by Santiment, Bitcoin 42 thousand dollars It was stated that although it exceeded the price, altcoins have not yet followed. The platform also USA stock market index S&P500 to all-time high (ATH) He suggested that its emergence is a valid argument for Bitcoin’s rise.
on the other hand Bitcoin and other major investment instruments rising to the stock market It was estimated that it might come close.
According to Santiment Bitcoin And crypto- coins spot ETFs While they were correcting with the subsequent sales, this caused them to lag behind the stock markets.
According to CoinGecko data, Bitcoin is at the time of writing. from $41,852 is being traded.