Gold And Stocks Ran Ahead, But Bitcoin May Close The Gap In 2026

According to market intelligence firm Santiment, Bitcoin is trailing both gold and the S&P 500 after a sharp pullback in November. Gold has climbed 9% since early November, the S&P 500 is up 1%, and Bitcoin is down about 20%, trading near $88,000 as of Wednesday. Based on reports, that gap has left crypto quieter while other markets show modest rebounds. Related Reading: Crypto Headed For A $10 Trillion Future? Hoskinson Says RWA Is The Key Whale Accumulation Signals Santiment’s data points to a split in behavior among holders. Small wallets were busy buying in the second half of 2025, while large wallets largely held steady and sold after pushing up to October’s all-time high. Large holders are often treated as market movers, so their cautious posture has kept pressure on prices. Historically, a shift where big holders start buying while retail eases off has marked real trend shifts, but that condition is not fully obvious yet. 📊 The correlation between Bitcoin & crypto co