Bitcoin Price Defends Key Level as Crypto Rides Out Midterms

Key Takeaways Bitcoin rebounded from a $75,736 intraday low. Top altcoins all rose over 24 hours. Traders largely expected the Democratic Senate win. Official results and House call still pending. The Associated Press called the Senate for Democrats late on November 3. At the time of writing, the House had not been called, and no result is official until states finish counting and certify the vote. Crypto went in braced for a Democratic Congress A day before the vote, CNBC described the midterms as a test of whether Trump’s regulatory shift on crypto becomes durable law or stays exposed to…