Bitcoin fell from about $77,970 to $75,740 between 21:45 and 03:10 UTC as U.S. midterm results came in, then traded near $77,300 at the time of the report. NBC News projected that Democrats had won control of the House, while CNBC estimated they would take at least 235 seats.
The Senate had not been formally called. Kalshi traders put the chance of Democratic control at 99% overnight, and Polymarket projected a Democratic win in Texas’s Senate race; neither was a confirmed Senate result. CNBC reported that Nasdaq 100 futures fell 2% and S&P 500 futures fell 1.1%.
