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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
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