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Bitcoin trades above 200‑day moving average on election day, near $76,990
On the morning of November 3, Bitcoin was priced around $76,990, roughly $3,821 above its 200‑day moving average of about $73,169. In each of the three previous U.S. midterm election days, Bitcoin had been trading below that average. The current position represents a 5.2% premium versus a 22% discount in the 2022 midterms, a 27.2‑percentage‑point swing. Analysts note that Bitcoin historically finished higher a year after each midterm, with an average gain of 53.7%. The upcoming midterm results and Friday’s jobs report will test whether the lead holds.