Bitcoin On The Evening Of The Election—Here’s How It Performed In 2012, 2016 And 2020

Alex Fazel, Chief Partnership Officer at Swissborg, sees Bitcoin (CRYPTO: BTC) well-positioned, regardless of the outcome of this week’s presidential election.

What Happened: Fazel highlighted on X on Monday that a Trump win might give crypto a stronger boost but even with a Harris win, the sector would likely perform well, though with slower growth.

Looking at the historical performance of Bitcoin after elections, the analyst found a 2,320% year-on-year return for Bitcoin following Obama’s 2012 victory, a 950% increase after Trump’s 2016 win, and …

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