Since 1950, the S&P 500 has been higher a year after all 19 US midterm elections, and Bitcoin has also risen a year after each of its three completed cycles. IOSG said historical averages should not be applied directly this time, with US stocks near record highs before the vote and Bitcoin still recovering.
IOSG questions whether Bitcoin's election effect will repeat this cycle
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The story so far: IOSG on Bitcoin midterm election effect
IOSG Ventures said Bitcoin rose a year after each of the three complete US midterm cycles but fell in the weeks after each vote, questioning how much the history applies to 2026. IOSG now says historical averages should not be applied directly this time, with US stocks near record highs and Bitcoin still recovering.
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IOSG questions whether Bitcoin's election effect will repeat this cycle
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