Bitcoin win rate vs. S&P 500 recovers as post-midterm history favors stocks

What happened: Glassnode data shows Bitcoin outperformed the S&P 500 in 50% of US trading sessions over a rolling 90-session period, ending a stretch of underperformance. Key numbers: 50% win rate over 90 sessions; not above 50% since March 2025; S&P 500 averaged 10.7% gains three months after seven Democratic midterm sweeps since 1922, 17.5% after six months, 15.5% after Why it matters: Glassnode said a win rate above 50% that holds would show Bitcoin regaining strength against equities. Capriole's Charles Edwards said there is no better election result for markets than the one just had.

Glassnode data shows Bitcoin outperformed the S&P 500 in 50% of US trading sessions over a rolling 90-session period, ending a stretch of underperformance.

Glassnode said a win rate above 50% that holds would show Bitcoin regaining strength against equities. Capriole's Charles Edwards said there is no better election result for markets than the one just had.