5 Articles
5 Articles
A historical analysis finds that BTC predicted an increase of 53.7% during the 12 months following three mid-term elections in the U.S. The coincidence excites those who expect another advance, although the relationship could be due to the Halving cycle and not to the political calendar.
Bitcoin has risen by an average of 53.7% in the 12 months following the last three US midterm elections. However, limited data and the halving cycle complicate the picture. As the US midterm elections on November 3rd approach, Bitcoin's performance during past election periods has come back into focus. Bitcoin gained an average of 53.7% in value in the 12-month periods following the 2014, 2018, and 2022 midterm elections. Bitcoin was launched in…
Counting from election day, the S&P 500 has risen an average of just over 15 percent in the year following a US midterm election since 1950. Bitcoin has risen an average of 53.7 percent after the last three elections. On November 3rd it's time again. Both the stock market and bitcoin have risen, but the underlying factors differ greatly. The stock market's performance is based on 19 elections over more than 70 years, bitcoin's on three elections…
Bitcoin has soared 50% on average after midterms. The S&P 500 has gained 15%
Bitcoin has soared 50% on average after midterms. The S&P 500 has gained 15%. Both bitcoin and the S&P 500 have historically produced positive returns in a year after midterms. BTC's pattern, however, could also be explained by the four-year halving cycles. Bitcoin gained an average of 53.7% in…
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