What impact do the four U.S. elections have on the cryptocurrency market?

Three months before the 2024 U.S. election, the price of Bitcoin plummeted to $49,000 on August 8. However, on October 7, it began a new round of price surge.

Two months before the 2020 election, Bitcoin's market took a sharp turn, with the price dropping by about 16%, from $12,000 to around $10,000, and then entered a long period of consolidation. At key points before the election, it began to rebound and continued to ferment, leading to a surge to nearly $60,000 in May 2021.

Three months before the 2016 U.S. election, Bitcoin's price faced a significant drop, falling from $750 to a low of $500, with a decline of over 30%. It then bottomed out and started a bull market.

In the 2012 U.S. election, 80 days before the election, Bitcoin experienced a significant crash, with a decline of up to 75%. However, after the election, it entered a phase of crazy increases.

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