Democrats won both the House and Senate in the U.S. midterms, according to the source. After a brief dip, Bitcoin was up 1.6% over 24 hours at $78,277, but analysts said the result raised uncertainty for future pro-crypto policy. André Dragosch of Bitwise Europe said a Democratic sweep had largely been priced in.
Analysts said the result could make passage of the stalled Clarity Act harder, though Dragosch said Democrats could not roll back existing SEC and CFTC pro-crypto guidelines simply by winning Congress. Dmitry Machikhin of BitOK predicted the bill would remain in limbo well into 2027; that is a forecast, not a decision on the bill.
