The S&P 500 Index, as one of the four major U.S. stock indices, has been recording the performance of the U.S. stock market since 1957, covering approximately 80% of the total market capitalization of listed companies in the United States. Statistics show that in the past ten U.S. presidential election cycles, the performance of the S&P 500 Index in November and December of the election year has been:
In the past decade, Bitcoin's performance in November and December of the two election years has been:
2020: Up 42.95% in November, Up 46.92% in December
2016: Up 5.42% in November, Up 30.8% in December
It can be seen that Bitcoin's performance in the months of November and December following the results of the last two elections had a 100% increase rate, and it can almost be said to be the highest increase months of that year.
From the above data, it can be concluded that Bitcoin and U.S. stocks often experience an increase following the announcement of election results during U.S. election years; however, it is important to note that history does not simply repeat itself, and investors should remain cautious at present and not overly rely on historical data to increase leverage operations.
