CryptoHypeBuster

US Midterm 2026 Results: Early Races Called as BTC Slips and US Futures Dive

BeInCrypto · Wed, 04 Nov 2026 01:42:06 GMT

Hype 22/100 · Market impact 30/100 · Breaking 59/100

Tags: BTC

As U.S. midterm results came in, Democratic Senators Jon Ossoff and Mark Warner won Georgia and Virginia, and markets moved lower: Bitcoin edged down and S&P 500 futures fell 0.6% after an early gain. Kalshi, a prediction market, placed Democratic Senate odds near 90% and House odds at 97%. Traders feared a Democratic sweep could limit data center growth and weigh on artificial-intelligence stocks; Nasdaq-100 futures lost 0.5%, Dow Jones Industrial Average futures fell 252 points, and Cboe Volatility Index futures rose to 20.90. Advanced Micro Devices initially jumped on better-than-expected third-quarter earnings but later trimmed its gain to about 4%.

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