
Election Day Retrospective: Looking Back At The Bitcoin Campaign Trail

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Crypto Campaign Retrospective: Looking Back At Bitcoin Performance Between Each Major Election
Featured image from Deposit Photos, Charts from TradingView.com

Bitcoin’s performance between each US Presidential election | Source: BLX on TradingView.com
Between the two important decision-making dates, the leading crypto asset by market cap soared by over 6400%. Since Trump took office, to now, Bitcoin price is up over 1800%.
The uncertainty in the past leading into the election has thus far always prevented Bitcoin from setting a new all-time high. But post-election, and before the new President-elect takes office, the cryptocurrency sets a new peak and begins a new bull market.
No future outlook is positive regardless of the candidate you choose, with a pandemic still roaring full steam and the fiat currency system on the brink of collapse. Whoever ends up with the job for four years certainly has their work cut out for them. Things are looking brighter for Bitcoin than they have in a long time, all while the economy, politics, and more are at their bleakest. Depending on your perspective, today is especially dark, where the fate of the United States for the next four years will be decided one way or another.
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Today is Election Day and with it (hopefully) arrives the outcome of one of the most pivotal and polarizing Presidential showdowns in history. It also marks the third election since Bitcoin’s inception. On this monumental day, we’re looking back at the more than a decade of crypto asset’s ongoing campaign trail to take over money.
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Now that Trump is facing off against Biden for a chance at another term, Bitcoin is trading at ,500, and after uncertainty clears the air, the cryptocurrency should retest its all-time high and head off into a new bull market, just as it has done in the past. And it all starts with today.
Because the day is so pivotal politically, socially, and even economically, markets are hanging in the balance currently, ready to react to whatever unfolds next.
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