Trump Midterms Reaction: What the Results Mean for Bitcoin, the Trump Coin and the CLARITY Act

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Trump accepts the result, blames his party and posts a cap that says VETO. Bitcoin barely reacted to his defeat, the coins tied to him fell the most. Where Congress stands and what it means for crypto.Add as a preferred source on GoogleFollow on Google NewsDemocrats have won both chambers of Congress in what NBC News calls a historic blue tsunami, and Donald Trump answered on Truth Social: "I wasn't on the Ballot and if I was, we would have won IN A LANDSLIDE!" He told the New York Times he would accept the results, shifted the blame to fellow Republicans and promised vetoes. At 13:35 CET, Bitcoin stood at $78,232, up 1.2 percent over 24 hours, after an election-night low of $75,618. The Trump coin was down 10.1 percent at $1.45, and WLFI, the token of the Trump family's World Liberty Financial, was down 4.7 percent. That split is the story for crypto investors: Bitcoin barely reacted to Trump's defeat, while the coins tied to him fell the most. Trump after the midterms: the key...