According to CoinMeta, Joao Wedson points out that Bitcoin enters a bear market about a year before each mid-term election in the United States, and then begins a sustained bull market after the elections. Whenever a president is elected, Bitcoin tends to rebound strongly. However, after the presidential inauguration, the market usually approaches the peak of the major cycle. Sometimes Bitcoin forms a price bottom a few days before the mid-term elections, while other times it bottoms out a few days after the elections. What's more interesting is that on the day Trump was elected in 2024, XRP began to rise significantly, and reached a local high on the day of the inauguration on January 20, 2025.