Post
taishiro
Show original
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
taishiro
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
$78,133.3+0.00%
ETH/USDTEthereum
$2,270.53+0.00%
SOL/USDTSolana
$94.84+0.00%
Today’s market buzz
1#The probability of a Fed rate hike in December drops to 70%, intensifying the divergence between bulls and bears
2#Hyperliquid's HYPE hits an all-time high, OKX and ICE advance perpetual contracts to the US
3#Tether and other stablecoin issuers have frozen over $1.567 billion USDT
