According to ChainCatcher, Matrixport said that US presidential election years are usually good for stocks and Bitcoin. Last year, Bitcoin's performance during the 2012, 2016 and 2020 US elections was demonstrated. By July this year, Bitcoin had risen 39% year-to-date, and although the average return of 192% for the whole year seemed unattainable, Bitcoin was following the election year model. Ethereum and Bitcoin have returned 49% and 43% year-to-date, respectively, far exceeding Nasdaq (22%) and S&P 500 (16%). Despite the political and macroeconomic tailwinds, traders may choose high-interest tokens and wait for better re-entry opportunities. The Federal Reserve may express its intention to start a rate cut cycle at its July 31 meeting.