Bitcoin appears to have decoupled from midterm cycle bottom history
Previous bitcoin bear-market lows followed U.S. midterms, but this year’s recovery raises the possibility that the bottom arrived months earlier.
Make preferred on
Share this article
Summary
- Bitcoin reached major bear-market lows shortly after the 2014, 2018 and 2022 midterm elections, but this year’s low came 125 days before Election Day.
- Bitcoin recovered about 40% from its July 1 low of $57,850 to roughly $81,455 on Oct. 22, despite falling about 6% over the past 30 days.
- Bitcoin’s recurring weakness around midterms appears more closely tied to its own market cycles than to elections, as technology stocks have shown a less consistent pattern.
Related Assets
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
