Historically, Bitcoin's major bear-market lows occurred shortly after U.S. midterm elections in 2014, 2018, and 2022. However, in 2026, Bitcoin's lowest price was recorded 125 days before the midterms, at $57,850 on July 1. Since then, it has recovered about 40%, reaching around $81,455 by October 22. This shift suggests Bitcoin's market cycles may be more influential than election timing. Technology stocks have shown less consistent patterns around midterms, reinforcing that Bitcoin's midterm weakness is likely tied to its own cycles rather than the elections themselves. With U.S. midterms just 10 days away, this decoupling could signal a change in Bitcoin's historical price behavior around election periods.
As of Oct 23, 2026 18:03 WIB, Bitcoin trades on Pluang at Rp1.471.741.764 with a slight 1-day decline of 0.46%. Despite the historical pattern of midterm lows, current Pluang data shows a market still holding strong with a market cap of Rp29.666,23 trillion and active trading volume of Rp467,78 trillion. The platform's order activity favors selling at 70%, indicating cautious sentiment ahead of the U.S. midterms, while typical hold time remains at 112 days.
Bitcoin rose 0.5% to around $81,700, recovering from a recent dip, while altcoins gained 1.4% and memecoins climbed 2.9%, with the frog-themed Pepe token surging 13%. This rebound follows a tech-led selloff that hit Nasdaq hard, and traders are now f...
Heatbit introduced Bitwater, a water heater element with 20 Bitcoin mining chips that fits into standard electric water tanks in the US and Canada. It mines Bitcoin while heating water, using up to 600 watts and producing 34 TH/s, with preorders star...
Crypto analyst Ali Martinez set an immediate target of $1.55 for XRP, just above the current resistance level of $1.45 during its rebound from $1.30. He noted that a sustained close above $1.56 could open the way for XRP to reach $2. Martinez also hi...
Crypto derivatives traders faced $332.79 million in forced liquidations over 24 hours ending 23 October, with long positions accounting for 83.4% of losses. Bitcoin's price remained nearly unchanged at around $81,616, indicating that liquidation pres...
In the third quarter, the crypto market saw a strong rebound led by Ether, which surged 71% to $2,684, outperforming Bitcoin and other major cryptocurrencies. The total market capitalization rose 39.6% to about $3 trillion, ending three quarters of d...
