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Crypto & Bitcoin

Crypto Holds Steady as Democrats Sweep Congress

Reported by David Christopher, Bankless

Image: Bankless

Bitcoin dipped to ~$75.7K as results rolled in, then bounced back above $79K, while prediction markets called the blue wave within hours. Democrats won control of both the House and Senate in Tuesday's midterms, and crypto took it in stride: bitcoin briefly sank to ~$75.7K overnight before recovering to ~$79.3K, up ~2.7% on the day. The Results: Democrats flipped at least seven Senate seats, including Texas, Ohio and Kansas, with races in Alaska and Mississippi still uncalled.

This is an excerpt. The reporting belongs to Bankless.

Read the full report on bankless.com
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