Analyst Benjamin Cowen found that Bitcoin, gold, and the S&P 500 historically deliver stronger median returns under divided U.S. government control rather than when one party fully controls the presidency and Congress. Bitcoin, in particular, tends to perform poorly during full party sweeps, with its best median returns occurring under split governments, suggesting markets favor political gridlock and less policy uncertainty. Despite recent underperformance this year, Cowen notes that markets generally trend higher over time regardless of political shifts, and a split Congress in 2027 could be bullish for Bitcoin based on past trends. However, he cautions that long-term market structure and liquidity are more important than short-term political events.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
