“Interestingly, there has not been a noticeable relationship between election odds and BTC prices throughout the entire analysis period from June 1 to August 15, 2024. One reason for these weaker-than-expected relationships could be the many crosscurrents influencing prices, such as the path of monetary policy in the U.S., concerns around upcoming supply overhangs, and others, as we highlighted before,” David Lawant, head of research at FalconX, said in an email to CoinDesk.
