Bitcoin Lags Behind Gold and S&P 500 Amid Market Pullback
- Bitcoin fell by approximately 20% in November, trading near $88,000.
- Gold prices increased by 9% since early November, while the S&P 500 rose by just over 1%.
- Santiment data indicates small wallet holders increased purchases in late-2025, while large wallets remained steady or sold assets.
- Active Bitcoin addresses increased by about 5.51%, but transactions decreased nearly by a third recently.
- CoinCodex predicts Bitcoin might reach $91,500 by January end, a potential rise of around 3.68% from current levels.
Despite Bitcoin‘s recent decline and mixed on-chain signals, some analysts anticipate a potential market shift if large holders resume buying and transaction volumes increase. Meanwhile, other markets like gold and the S&P show modest gains amid crypto’s quieter period.
The disparity between Bitcoin’s performance and other assets highlights ongoing market caution among large holders and suggests possible future opportunities for recovery if conditions change favorably.(Source)