Bitcoin’s Midterm Election ‘Curse’ Fuels Crash Fears Ahead of November Vote
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
After the previous U.S. interim elections, heavy bitcoin corrections followed. Why an expert now fears the next BTC price slip. Source: BTC-ECHO BTC-ECHO
Bitcoin fell 27% during 2022 US midterms, analysts track ETF
🚨 Bitcoin slid 27% during the 2022 US midterms while ETF outflows reached $635 million. 📉 Four midterm cycles have seen $BTC post major losses tied to outside market stress. 🔎 FTX's collapse and rising rates pressured Bitcoin far more than election dates alone. Continue Readi...
Bitcoin’s Midterm Election ‘Curse’ Fuels Crash Fears Ahead of November Vote
TLDR: Ali Martinez identified Bitcoin drawdowns of 72%, 65%, 52%, and 27% across four midterm cycles since 2010. Bitcoin’s past election-cycle losses coincided with Mt. Gox’s fall, a Bitcoin Cash split, and FTX’s collapse. Bitcoin recovered about 40% from its July low near $57,850 to roughly $81,455 by October 22 this year. U.S. spot Bitcoin [...]
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
