
Post
taishiro
Historically, the S&P 500 has averaged roughly 14% gains in the 12 months following midterm elections, as political uncertainty tends to ease once results become clear.
A divided Congress could limit major policy changes, while a Democratic sweep may increase regulatory scrutiny across technology, AI, energy, financials and crypto. A Republican sweep, meanwhile, could reinforce expectations of deregulation.
#BTCUnderPressure
The November 3 US midterm elections are approaching, with investors closely watching the possibility of a shift in congressional control.
Prediction markets currently give Democrats 90%+ odds of winning the House, while the probability of a Democratic sweep has been estimated at 65% to 71%. The Senate remains more competitive.
#BTCUnderPressure
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$75,882.8+0.00%
ETH/USDTEthereum
$2,237.47+0.00%
SOL/USDTSolana
$89.24+0.00%
Today’s market buzz
1#Federal Reserve officials say inflation remains the biggest risk

2#US stock AI sell-off causes Nasdaq to evaporate $2.3 trillion in a single day

3#US October non-farm payrolls 165,000 exceed expectations, BTC ETF weekly outflow of $1.28 billion

