10x Research: Bitcoin's One-Year Return After Midterm Elections is 53.9%

10x Research reports that the average return of Bitcoin after the U.S. midterm elections is a 13.6% drop in the first month, a 21.6% drop in two months, a 13.3% drop in four months, a 3.5% increase in six months, and a 53.9% increase over one year. The agency notes that this phase typically sees an initial pullback, followed by outperformance against the S&P 500, Nasdaq, and gold over the next 12 months, with average returns of 14.3%, 23.1%, and 18.5% respectively during the same period. 10x Research also mentions that from an 80-year historical perspective, a spike in volatility after elections usually corresponds to a cycle exhaustion rather than a structural breakdown. After the Democrats gain control of Congress, higher baseline deficit spending and welfare expansion will accelerate the trend of currency devaluation. The agency has also reviewed historical precedents of cycles following midterm elections, discussing why patient capital should view this pullback as an entry point.