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US Midterm Elections Move Bitcoin! Will a Rise Begin or a New Decline? Analysts Evaluate!

US Midterm Elections Move Bitcoin! Will a Rise Begin or a New Decline? Analysts Evaluate!

Photo: Bitcoin Sistemi

The US midterm elections, long awaited by Bitcoin and altcoin investors, have taken place, resulting in a victory for the Democrats. Having lost the presidency and a majority in both houses of Congress to the Republicans in the 2024 presidential election, the Democrats achieved a significant victory this time, shifting the political balance once again. US Elections Shake the Cryptocurrency Market! Following the initial results from the US midterm elections, Bitcoin faced selling pressure and fell below $76,000. Besides BTC, major altcoins, including Ethereum, also experienced declines.

Source: Bitcoin Sistemi

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