Santiment Intelligence|Nov 05, 2026 14:45
Bitcoin fell about 23% from the eve of the 2022 midterms to Nov 21, a stat that circulated as a warning before the 2026 vote. Our social data shows what the crowd was discussing that November.
🗳️ Polling day was Nov 8, 2022. The same day, Binance signed a letter of intent to buy FTX.
📉 BTC closed at $20,603 on Nov 7 and $15,881 on Nov 9, when Binance walked away. The Nov 21 close of $15,787 was barely lower.
📊 From Nov 3 to 9, “FTX” drew nearly 11x the mentions of “midterm” across the platforms we track.
⚖️ From Nov 10 to 16, as FTX filed for bankruptcy, the gap reached about 50x.
📈 In 2026, BTC closed Nov 4, results day, at $80,417, up more than 4% from the Nov 2 close on the eve of the vote.
The 2022 drawdown happened while the crowd watched an exchange fail, and one strong day in 2026 doesn’t make a pattern in the other direction.
🔗 Explore FTX vs midterm social volume in Sanbase: https://app.santiment.net/s/awK9YFUY?utm_source=x&utm_medium=post&utm_campaign=midtermftx_112026&aff=33
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