The underlying question behind my thesis is whether changes in log of presidential approval ratings are associated with changes in the price of Bitcoin. I hypothesize that increases in presidential disapproval will cause Bitcoin’s prices to rise. The academic behind the question is stated as followed. People have suggested that Bitcoin and gold are correlated, however existing literature sees no relationship between the two (Baur, et. al, 2021). In addition to these assets having uncorrelated returns, the narrative that Bitcoin is a safe haven asset like gold during bear markets has also been found to be false, as gold prices have typically risen while Bitcoin has fallen during bear markets (Klein et, al 2018). It has also been shown that a factor that leads to bear markets is times in which presidential disapproval ratings are high (Montone, 2022). During these times stocks tend to follow and the effects are exaggerated by policy uncertainty and low consumer sentiment (Montone, 2022). It has also been pointed out that during bear markets, which have been shown to arise during periods of presidential disapproval, Bitcoin prices tend to correlate with the S&P 500 (Conlon & McGee, 2020). This leads to the question of how presidential approval ratings affect Bitcoin. To do this I plan on researching how Bitcoin reacts during periods of time where presidential approval ratings are low. I plan on using the URCY and ICEA to see if the losses of Bitcoin are exaggerated during periods of time when presidential approval ratings are low and sentiment regarding Bitcoin is low. The ICEA index has also been shown to be correlated with the VIX index, which measures market volatility (Wang, 2022). The VIX has also been shown to be a predictor of the price of Bitcoin during bear markets and market volatility has also been shown to be correlated with presidential approval ratings (Gaies et, al, 2021).