Kamala Harris or Donald Trump vs. the Bitcoin chart, “Bitcoin doesn’t care who wins, just like every other election year.
The U.S. presidential election is just hours away, and investors across the board are bracing for what might come next. For traditional markets, elections often translate to major price swings. But for crypto?
Well, things might play out differently. Some investors on Crypto X argue that Bitcoin and other digital assets don’t necessarily follow the same patterns seen in stocks. Could it be that the political result won’t affect crypto as much as many think?
Markets and US Election Cycles
Historically, election years have indeed seen some crypto market movement, with BTC prices dipping in both 2016 and 2020 by around 10% and 6%, respectively. This year’s pre-election dip is already at 6.3%, which mirrors typical market jitters before elections.
However, these swings aren’t exclusive to elections—they can happen on any given week in cryp
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