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'Tis the season. Santa visited crypto market participants this month, with anticipation of easing interest rates fueling strength across all risk markets and sending the total crypto market cap (TOTAL) up 17% since the start of December. What other catalysts have positively impacted prices this month?
While macro is helping to drive a portion of the outperformance, crypto markets have been buoyed by the impending approval of spot 
Bitcoin ETFs, the first of which seem likely to occur in January.
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