Bitcoin's Election Dance: A Pattern or a Pause? ๐ณ๏ธ๐น
#Bitcoin has shown significant reactions to US presidential elections:
2016 (Trump win):
โข Before: Price up 35%, Investment up 20%
โข After: Price up 125%, Investment up 56%
2020 (Biden win):
โข Before: Price up 35%, Investment up 17%
โข After: Price up 307%, Investment up 196%
2024 (Current):
โข Before: Price up 10%, Investment up 13%
โข After so far: Price up 28%, Investment up 2%
This cycle, Bitcoin's growth is more subdued. Investors might be holding back, waiting for clearer signals on future #crypto regulations. ๐๐ ๐
