PANews丨APP全面升级|Nov 02, 2026 04:08
The US midterm elections are tomorrow. What should the crypto market be watching?
The US midterm elections will be held on November 3rd (Eastern Time). Voting will begin at 8:00 AM Beijing time on November 4th. This time, only Congress will be elected: all 435 seats in the House of Representatives will be re-elected, and 35 seats in the Senate will be up for election.
Currently, the Republicans control both houses, but Kalshi's market predictions show a 94% probability of the Democrats winning the House and a 71% probability of winning the Senate.
Who controls Congress will directly impact the pace of crypto legislation.
Furthermore, the bottoms of Bitcoin's three most recent bear markets all occurred shortly after midterm elections: 71 days, 39 days, and 13 days after the elections.
Will this happen again?
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