Macro· ★★★· neutral·

WGC: Democratic Congress would favor gold, dollar is the key driver for bitcoin

  • —Polymarket gives Democrats a 93% chance of taking the House and 65% the Senate
  • —A smaller deficit would lift the dollar and weigh on gold, but tariff cuts could widen it again
  • —BTC at $79,894: Iran escalation headlines knocked 2–5% off the price intraday in October
  • —Gold fell below $4,000 on Friday and traded at $4,010.48 on Monday
Why it matters: The election outcome will shape the budget, AI rules and SEC/CFTC crypto policy that drive bitcoin and gold.
Source: Cryptocurrency.tech