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Keywords
bitcoincryptoETFmidterm elections
Open a keyword to see other news on the same topic.
Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 11/02/2026 | 76,816.00 |
| Change that session | -1.96% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $277.2B |
| Close on 11/02/2026 | 2,253.29 |
| Change that session | -0.97% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Can Bitcoin Get Back Above $85,000 in November?
Bitcoin came within about $150 of $85,000 before sellers pushed it lower, and as of the morning of October 24 it traded at $80,530, down 3.5% in October. It sits below its 50-day average of $81,776 and 20-day average of $82,826, and must clear the October open of $83,556 and the week's high of $84,856. Spot Bitcoin ETFs posted net outflows of $635.6 million on October 22, though they recorded inflows of $526.6 million and $528.4 million on October 19 and 21. Rising oil prices, with WTI at $108 a barrel amid Middle East conflict concerns, and weak tech stocks are weighing on Bitcoin, although the 10-year Treasury yield fell to 4.96%. The author says Bitcoin could exceed $85,000 at some point in November but is unlikely to hold that level through month-end unless ETF inflows turn consistently positive after the November 3 midterm elections.
- Bitcoin price defends $76K lows as analysts see stocks pricing in ‘political gridlock’
Bitcoin edged 0.7% higher at the start of Wall Street trading on Tuesday, circling $77,000 and holding above local lows near $76,300 seen on Friday, as markets awaited the US midterm elections. The Kobeissi Letter argued that markets were pricing in two years of political gridlock, with expectations of Democratic gains, rather than concern over AI spending alone. Wolfe Research's Tobin Marcus said investors were skeptical that the outcome would be as favorable to Democrats as polls suggested. Apple shares tried to recover from a 4% premarket drop after it forecast December-quarter gross margins of 45% to 46%, down from 47.9%, citing rising memory-chip costs. WTI crude fell to $93.59 per barrel, its lowest since October 15, even after fresh US strikes on Iran's Qeshm Island.
- What’s at stake for crypto as the US votes in the 2026 midterms?
Crypto industry groups have spent about $176 million across more than 100 races as voters decide all 435 House seats and 35 Senate races. Republicans control both chambers, but Kalshi data at publication favored Democrats to win the House and Senate. The results could reshape the stalled CLARITY Act, which failed to advance in a 49–50 Senate procedural vote in September, short of the 60 votes required. Analysts say a change in congressional control would likely reset its timetable, while cautioning that Bitcoin’s past midterm record offers little guidance because ETF flows and institutional portfolios now move prices more.
- Bitcoin is breaking a midterm election pattern going back to 2014
- Live news: Bitcoin faces fifth weekly loss as midterm elections weigh on markets
- Bitcoin drops below $77,000 as chip rout deepens ahead of U.S. midterm vote
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Arista Networks reported third-quarter revenue of $3.66 billion, up 58.5% from a year earlier and above its own $3.3 billion guidance, and shares rose about 8% after hours. However, fourth-quarter guidance of $3.9 billion to $4.0 billion implies only 7% to 9% growth from the third quarter, signaling a sharp slowdown. GAAP gross margin fell to 63.6% from 64.6% as the mix shifted toward lower-margin product sales, which made up 87% of revenue. GAAP operating margin still rose to 44.9% from 42.4%, because operating expenses grew much more slowly than sales. GAAP diluted EPS of $1.22 exceeded the non-GAAP figure because it includes a $134.5 million gain on strategic investments, so the article considers operating profit the cleaner measure.
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