How will the Democrats gaining power in Congress affect the crypto market?

Bitcoin fell as much as 1.6% in Asian trading to about $76,600 as investors weighed the prospect that Democrats could win control of Congress in the U.S. midterm elections, raising the likelihood of political gridlock in Washington. The article frames the Democratic gains as a source of market uncertainty, with the reduced odds of unified policymaking weighing on crypto sentiment. The move highlights how closely digital-asset prices remain tied to U.S. political outcomes and the legislative outlook. Traders are expected to watch the final seat counts and any signals on how a divided Congress would handle crypto legislation.