Markets· ★★★· bullish·

Bitcoin averaged a 50% gain after US midterms, S&P 500 rose 15%

  • —Bitcoin gained an average 53.7% in the year after the last three midterms
  • —S&P 500 averages 15.17% after midterms since 1950 vs 7.3% in other years
  • —BTC has already rebounded over 35% from its June low below $60,000
  • —Bear markets in 2014, 2018, 2022 and 2026 all fell in midterm years
Why it matters: Supports the case for a post-election rally, though the sample is tiny and the effect may be the halving cycle, not politics.
Source: Cryptonews.net