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 [...]

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