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Bitcoin Surges After Midterms
Bitcoin has surged 50% on average after midterms, with the S&P 500 gaining 15%. Historically, both bitcoin and the S&P 500 have produced positive returns in years following midterms. Analysts suggest that bitcoin's recent price action could pave the way for another bull run, though the post-midterm surges may be more related to the four-year cycle of mining reward halving than U.S. politics.