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MALENDEZ
MALENDEZ
🇺🇸 Midterms may bring more volatility, but history suggests macro still matters more. J.P. Morgan data shows the S&P 500 averaged a 9.2% return in midterm years, compared with 13.3% in non-midterm years, while Q4 averaged +6.6%. Crypto tells a similar story: 2018 Midterms: $BTC -46.9% | $ETH -51.2% over the next 90 days 2022 Midterms: $BTC +22.7% | $ETH +20.9% over the next 90 days 📌 Elections can reshape uncertainty, but rates, liquidity and growth remain the bigger market drivers.

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