Bitcoin's Election Day Panic: Crypto Traders Fear a Democratic Midterm Sweep

Crypto traders turned sharply bearish as Americans voted in Tuesday’s midterm elections. Polymarket, a prediction market, gave Democrats a 74% chance of winning both the House and the Senate. Bitcoin holders and crypto stock investors are exposed, because the next Congress decides whether stalled crypto rules ever pass. Why a Democratic Midterm Sweep Worries Crypto Traders Many traders see…