POLITICS | Bitcoin Rebounds as Democrats Take Control of Senate and Congress
Photo: BitKE
Bitcoin recovered after falling below $76,000 to a seven-week low as investors assessed political uncertainty surrounding the U.S. midterm elections and the possibility of Democrats gaining control of Congress. Bitcoin briefly dropped to $75,618, its lowest level since September 16 2026 before recovering to around $78,000 as markets reacted to Democrats winning control of both chambers of the U.S. Congress. 11.04.2026 https://t.co/5E7bPqvkAt — BitKE (@BitcoinKE) November 4, 2026 The sell-off followed concerns that a Democratic-controlled Congress could stall crypto-friendly legislation including efforts to establish a clearer regulatory framework for digital assets.
Source: BitKE
