Bitcoin gained 24.5%, 44.9% and 92.3% in the 12 months after the 2014, 2018 and 2022 US midterm elections, respectively, CryptoQuant said. Each of the three periods recorded a gain, though the size varied considerably.
Why it matters
The figures put Bitcoin’s post-midterm performance in focus as investors assess political cycles and market seasonality. The pattern is historical, not evidence that midterm elections caused the gains or that the same returns will recur.
Market impact
The comparison offers context for Bitcoin watchers, but it does not identify what drove each rally or establish a forward-looking signal. The three reported outcomes range from 24.5% to 92.3%, underscoring that past post-election returns have differed substantially.
Frequently asked questions
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What returns did Bitcoin post after the last three US midterms?
CryptoQuant cited gains of 24.5% after the 2014 midterms, 44.9% after 2018 and 92.3% after 2022, each measured over the following 12 months.
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How long after each election were the returns measured?
The cited figures cover the 12 months after each US midterm election.
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Were all three post-midterm periods positive for Bitcoin?
Yes. The reported returns were positive after the 2014, 2018 and 2022 elections.
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Did Bitcoin's post-midterm returns stay consistent across the three cycles?
No. The reported gains ranged from 24.5% to 92.3%, showing substantial variation across the three periods.
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Do these historical returns prove midterm elections drive Bitcoin gains?
No. The figures show returns after the elections but do not establish that the elections caused the gains or explain what drove each period.
CoinTelegraph