COINOTAG News reports a holiday‑tilt in U.S. equities as the traditional Santa Claus Rally gains traction, with major indices closing higher. Gold and silver hit fresh highs while cryptocurrency markets surged earlier before retreating, signaling mixed risk sentiment across assets.
The S&P 500 extended December momentum, setting the stage for an eighth consecutive monthly gain—the longest streak since 2018. Friday’s triple-expiry flushed out many longs in the 6,700–6,800 area, creating room for further price appreciation as hedging unwinds.
The VIX slid below 15, with short-term implied volatility easing and hedge activity aligning with the uptrend. Seasonal tailwinds and year-end positioning reinforce the favorable backdrop, as investors factor in potential GDP and corporate-profit growth in 2026 alongside AI trading dynamics.
Technically, the 7,000 level remains a psychological hurdle for the S&P 500, with traders watching for leadership as macro risks stay muted and liquidity remains supportive.
Source: https://en.coinotag.com/breakingnews/santa-rally-lifts-sp-500-toward-7000-as-crypto-market-surges-before-pullback
