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Frank Chaparro: Bitcoin rallied after each of the last three U.S. midterm elections

Frank Chaparro: Bitcoin rallied after each of the last three U.S. midterm elections
Bitcoin gains after U.S. midterm elections

Frank Chaparro highlights that Bitcoin experienced significant rallies in the 12 months following each of the last three U.S. midterm elections.

According to Chaparro, Bitcoin returned 24.5% after the 2014 midterms, 44.9% after the 2018 elections, and 92.3% following the 2022 contest.

Chaparro previously reported that during the latest Bitcoin bear market, prices remained above the realized price, keeping holders in profit, as detailed in an earlier article. He has also relayed industry views projecting that stablecoins could grow tenfold as onchain volumes increase, according to his coverage of the Digital Chamber’s Convergence Forum. These observations provide context to Chaparro's analysis of Bitcoin’s post-election performance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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