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HOOD and COIN stock rebound after Democrats take control of the US House and Senate.: what’s next?

Picture: CoinGape

Highlights HOOD and COIN stock rebound as Democrats' election victory shifts sentiment. HOOD faces resistance at $87.37, while $83.35 remains key support. Ark Invest buys $3.4 million in Coinbase shares and increases exposure. HOOD and COIN stocks are attracting renewed attention after Democrats secured control of both chambers of Congress in the US midterm elections. Robinhood (HOOD) shares closed at $85.68 on November 4, gaining 2.19%. Meanwhile, Coinbase (COIN) remains in focus as cryptocurrency-related stocks surged to $145 after political sentiment.

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