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Bitcoin price traded near $77,500 on Tuesday morning as polls opened for the U.S. midterm elections, down about .6% on the day and roughly $30,000 below its price one year ago, according to Bitcoin Magazine Pro data.
The vote decides control of Congress and, with it, the fate of the CLARITY Act, the market structure bill that passed the House 294-134 in July 2025 and failed a Senate cloture vote 49-50 on Sept. 15.
Prediction markets on Kalshi give Democrats a 94% chance of taking the House and 74% for the Senate. A Democratic Senate would likely put Sen. Elizabeth Warren in line to chair the Banking Committee. If Congress does not act before the new session convenes on Jan. 3, the…
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