Bitcoin missed St. Nick’s sleigh this year. Instead of a festive Santa rally, the top crypto is trudging into Christmas down 30% from its October all-time high despite macroeconomic tailwinds. While a “goldilocks” mix of a global rate cut cycle and rising liquidity have driven strong returns across stocks and gold, Bitcoin has disappointed investors, analysts David Brickell and Chris Mills of the London Crypto Club said in their weekly newsletter. “Despite all of the positive idiosyncratic drivers for ...