Democrats Lead Ahead of US Midterms: What It Means for Bitcoin
- —Polymarket puts Democrats at 61% to win both chambers of Congress
- —Senate rejected the CLARITY Act on September 15 with no Democratic support
- —Fed raised rates to 3.75–4% on September 16; 16 of 18 officials expect another hike
- —Crypto PAC Fairshake spent $30 million against Sherrod Brown in Ohio
Why it matters: If Bitcoin holds gains under tighter Fed policy, buyers are pricing a longer horizon; a pullback would signal rates are the dominant force.
Source: BeInCrypto FR