#macroeconomic-catalysts

#macroeconomic-catalysts

Bitcoin rose for a second consecutive session on Thursday, moving back near the USD 90,000 threshold as global risk sentiment improved. The rebound follows signs of de-escalation in tensions between the United States and Europe, which had recently weighed heavily on risk assets. However, uncertainty remains around the durability and scope of any agreement. The improvement in sentiment has yet to be reflected in institutional flows.

Much of this edge stems from seasonal factors, including the Christmas holiday shopping surge that boosts retail and consumer sectors from November through December. Strong earnings reports in Q4 also often fuel optimism, as companies close out the year with solid results. The quarter also aligns with the close of the old investing adage to "sell in May and go away," where investors who sidelined themselves during the slower summer months return to the markets adding capital, driving demand.