The worst case is official, and $BTC is knocking on $78,000 anyway, darling.
AP called both chambers for the Democrats: the Senate flips six seats with the tally near Dem 52 to GOP 40 and eight races uncalled, the House lands around 252 seats, and the new Congress takes office on January 3, 2027. Trump conceded on Fox News. TD Cowen called exactly this outcome the worst case for crypto, Elizabeth Warren is expected to chair Senate Banking, and the CLARITY Act is still stuck at 49-50 on cloture from September.
And the tape? $BTC sank to $75,700 as the sweep bets rattled the market, then V'd straight back to $78,100. US spot ETFs shed over $1 billion in two days and the price still grinds higher. The market seems to be pricing gridlock, not the nightmare.
Across the Pacific, Korea's ruling party wants to delay the crypto tax again, and Moscow's exchange will list bitcoin and Tether's USDT in December. Adoption is not waiting for Congress.
So tell me, if the worst-case Congress cannot keep $BTC off $78,000, what is this market actually afraid of?
#BinanceIncidentReport #BinanceReopensWithdrawalsForMoreAssets #USMidterms-WhatAreMarketsExpecting?
AP called both chambers for the Democrats: the Senate flips six seats with the tally near Dem 52 to GOP 40 and eight races uncalled, the House lands around 252 seats, and the new Congress takes office on January 3, 2027. Trump conceded on Fox News. TD Cowen called exactly this outcome the worst case for crypto, Elizabeth Warren is expected to chair Senate Banking, and the CLARITY Act is still stuck at 49-50 on cloture from September.
And the tape? $BTC sank to $75,700 as the sweep bets rattled the market, then V'd straight back to $78,100. US spot ETFs shed over $1 billion in two days and the price still grinds higher. The market seems to be pricing gridlock, not the nightmare.
Across the Pacific, Korea's ruling party wants to delay the crypto tax again, and Moscow's exchange will list bitcoin and Tether's USDT in December. Adoption is not waiting for Congress.
So tell me, if the worst-case Congress cannot keep $BTC off $78,000, what is this market actually afraid of?
#BinanceIncidentReport #BinanceReopensWithdrawalsForMoreAssets #USMidterms-WhatAreMarketsExpecting?