Altcoin Season Roughly Coincides with 12 Months After the U.S. Elections
In the 12 months following the last two elections, the performance of altcoins (such as ETH) has typically been three times that of Bitcoin. Within 30 days after the 2024 elections, Bitcoin rose by 46% and Ethereum by 58%, with significant growth potential still ahead.
Historical data shows that the altcoin cycle roughly aligns with the 12 months after the U.S. elections, with retail funds pouring in further driving altcoin prices up. If this trend continues, we may be entering a new round of 'Altcoin Season'.
Altcoin Season Begins: The 12 Months After the Elections May Welcome a Golden Period for the Crypto Market
https://chainalert.me/view/research/cc4483