Bitcoin declined from approximately USD 77,970 to USD 75,740 between 21:45 and 03:10 UTC as election results were out. NBC News reported that Democrats were projected to win control of the House of Representatives. CNBC estimated at least 235 Democratic seats, exceeding the 218 required for a majority.
Prediction platform Kalshi placed the probability of Democratic Senate control at 99% overnight, although trading probabilities do not constitute official election results. Investors weighed whether changes in congressional leadership could delay cryptocurrency legislation or increase regulatory scrutiny.
