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Democratic sweep odds jump to 67 percent from 24 percent last year as Bitcoin midterm cycle breaks its usual pattern, Binance Square reports
- Democratic sweep odds jump to 67 percent from 24 percent last year as Bitcoin midterm cycle breaks its usual pattern, Binance Square reports — A Binance Square post citing Binance Research put Democratic sweep odds at 67 percent, up from 24 percent last year, ahead of the November 3 midterms. The post noted midterm years were historically bearish for Bitcoin, with falls of 56 percent in 2014, 73 percent in 2018 and 64 percent in 2022, but this cycle's low came on July 1 at 57,850 dollars, with Bitcoin already up about 40 percent to near 81,000 dollars. (Binance Square)
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