US Midterm Elections and Crypto: Why Market Volatility Often Precedes a Bitcoin Rally

US midterm election cycles have historically been associated with increased volatility across financial markets, with the S&P 500 experiencing average peak-to-trough drawdowns of about 16%, according to a new report published by Binance Research. It stated that midterm years have typically produced the weakest performance within the four-year US presidential cycle, as political uncertainty surrounding elections w…