Binance Research analysts note that in the years of midterm elections in the USA, markets historically become more volatile.
On average, from a local peak to a minimum:
• S&P 500 decreased by about 16%
• Bitcoin — by about 56%
After the election results are clarified, markets often recover.
Historically, within 12 months after midterm elections:
• S&P 500 increased by about 19% on average
• Bitcoin — by about 54%.
On average, from a local peak to a minimum:
• S&P 500 decreased by about 16%
• Bitcoin — by about 56%
After the election results are clarified, markets often recover.
Historically, within 12 months after midterm elections:
• S&P 500 increased by about 19% on average
• Bitcoin — by about 54%.