Political Balance Shifts in the US: How Will the Democrats’ Victory Affect Cryptocurrencies? Here Are the Details

The US midterm elections, long awaited by cryptocurrency investors, have taken place. The midterm elections resulted in a victory for the Democrats. According to BBC news, initial results show the Democrats have gained a majority in both the Senate and the House of Representatives, a result expected by the markets. At this point, the Democrats have surpassed the 218 seats needed for a majority in the House of Representatives, and the 51 seats needed for a majority in the Senate.