Bitcoin fell toward $75,700 following the 2026 midterm elections before recovering to $77,700 during Asian trading. Democrats captured the Senate by winning key races while the House outcome remained closely contested, threatening to complicate President Donald Trump’s crypto agenda. Nasdaq 100 futures dropped as much as 2.3% and S&P 500 futures fell 1.3% as investors assessed regulatory uncertainty and broader market risks. The CLARITY Act, which seeks to establish clearer rules for digital assets, previously failed to secure the 60 votes required in the Senate in September. A Democratic-controlled Congress could slow its passage, increase oversight and expand scrutiny of the administration’s potential conflicts of interest in the crypto industry.
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