CryptoHypeBuster

Wall Street Says One Election Result Gives Bitcoin Its Best Chance at $100,000

BeInCrypto · Sun, 01 Nov 2026 19:58:27 GMT

Hype 3/100 · Market impact 85/100 · Breaking 65/100

Tags: BTC

A survey of 301 traders, portfolio managers and other investors found 29% expect Bitcoin to end 2026 above $100,000 if Republicans control Congress, compared with 8% if Democrats win. Americans vote on November 3 to decide party control of Congress, which writes rules for crypto markets; those rules remain missing. On September 15, the Senate voted 49-50 to open debate on the CLARITY Act, a federal crypto-market rules bill that needed 60 votes. Bitcoin fell more than 5% that day, and Coinbase and Circle shares dropped as much as 10%. The survey also found 16% expected Bitcoin below $60,000 under Democratic control versus 5% under Republicans.

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