According to BlockBeats: Galaxy Research says that after Democrats won control of both chambers of the U.S. Congress, key crypto legislation is unlikely to make substantial progress. However, regulatory agencies can still continue clarifying crypto rules within their existing statutory authority. Bitcoin’s post-election rebound failed to hold. How should we assess the risk of further declines and the conditions for a rebound?
Overall, the outlook is somewhat bullish. $BTC is currently at 74204.01.
The impact of news on prices often takes time to materialize. What other details should we keep an eye on? Let’s discuss in the comments.

I’m just sharing my thoughts—this is not investment advice.