US Elections: Catalysts for Bitcoin Rallies?
US presidential elections seem to mark “switch” moments for Bitcoin, triggering significant rallies after each election cycle. From 2012 to 2020, BTC recorded remarkable post-election gains:
🔵 2012 - Barack H. Obama (Democrats): +11.532% 📈 to $1.167
🔴 2016 - Donald J. Trump (Republicans): +2.848% 🚀 to $19.094
🔵 2020 - Joseph R. Biden (Democrats): +420% 📊 to $55.706
This underscores that post-election uncertainties and economic outlooks are driving investors toward Bitcoin.
In 2024, will we see another BTC rally after the election?
