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Bitcoin faces midterm election cycle losses and ETF outflows ahead of Fed decision.

Market News
24 Oct 2026
Blockonomi
View Source
Bearish
Bitcoin faces midterm election cycle losses and ETF outflows ahead of Fed decision.

Bitcoin has historically experienced significant price drops around U.S. midterm elections, with declines of 72%, 65%, 52%, and 27% in the past four cycles since 2010. These drops coincided with major events like Mt. Gox's collapse, Bitcoin Cash split, and FTX bankruptcy, suggesting factors beyond elections influence price. Recently, Bitcoin recovered about 40% from its July low to around $81,455 by October 22 but faces pressure from $635.6 million ETF outflows and the upcoming Federal Reserve decision on October 28. Investors are watching if Bitcoin can hold demand near $80,000 amid these risks, though no direct election cause is confirmed for past losses.

Bitcoin trades at Rp1.454.519.972 on Pluang as of Oct 25, 2026 06:21 WIB, showing no change in the last day. Despite historical midterm election drops noted in the article, current Pluang data shows steady demand with 63% of orders buying and a typical hold time of 112 days. This stability contrasts with concerns over ETF outflows and upcoming Federal Reserve decisions mentioned in the news.

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