📌 Bitcoin recovers from early losses of 2.8% following Democratic gains in the U.S. Congress.

📍 The cryptocurrency rose 0.69% to $78,339.50, while Ethereum climbed 1.37% to $2,324.26, according to the latest market data.

📍 Democratic control of both chambers of Congress raises concerns regarding stricter regulation of cryptocurrencies and potential delays in passing legislation supportive of the sector.

📍 The "CLARITY" Act, aimed at regulating the digital asset market, is already stalled in the Senate; Democratic control of congressional committees may necessitate a renegotiation of the bill.

🇺🇸 Trump hints at using his veto power following Republican losses!

📌 Trump posted an image featuring the word "VETO" on the Truth Social platform, coinciding with his party's losses in the midterm elections.

📌 Despite the prospect of Democratic control over Congress, Trump retains his veto power and executive authority.

📌 He had previously suggested the possibility of exercising his veto for a month or two before reaching compromises with the Democrats.

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