Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
Feed HomeFlash details
World Cup Countdown: Unveiling the Truth Behind the "World Cup Curse"
  • BTC0%

BlockBeats News, June 11th: Tomorrow morning, the 2026 FIFA World Cup will officially kick off. Undoubtedly, the World Cup, held every four years, is a major event for football fans. However, on the other hand, investors are also concerned that the World Cup will divert market attention, potentially having a negative impact on the investment market. BlockBeats has compiled historical data and summarized the performance of the U.S. stock market and Bitcoin during the World Cup as follows:

U.S. Stock Market: Over the past 40 years during the World Cup, the S&P 500 has recorded 5 increases and 5 decreases, with an average return of approximately -0.18% and a median return of about +0.30%. Overall, there is no significant "World Cup Curse," but the volatility significantly decreases. In 1998, the stock market was in a strong period, with the highest increase during the matches; in 2002, during the burst of the dot-com bubble and the earnings trust crisis, the market saw the largest decline; and in 2022, the market was affected by the Fed's interest rate hikes, inflation, and recession expectations.

Bitcoin: The overall performance during past World Cups has been weak, especially during the 2014, 2018, and 2022 World Cups, where prices mostly experienced a downtrend or weak consolidation, showing a clear "World Cup Curse" effect. 2014, 2018, and 2022 were all bear market years for Bitcoin, coinciding with the World Cup, leading to notably weak Bitcoin performance, with Bitcoin experiencing a maximum drawdown of about 15% in 2018.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Hot
  • Coins
    Price
    24H Change