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The reason may be that December is the end of the quarter, the end of the month and the end of the year. This is the time when traders and investors close their positions, say goodbye and return after the holidays. has become more correlated with traditional financial markets than ever before, first of all due to the launch of spot Bitcoin ETFs in the U.S., the tendencies typical for the S&P 500, for example, will directly affect the cryptocurrency market.