Skip to content
crypto.news

Democrats gain control of congress in U.S. midterm elections, crypto market faces selling pressure as UE Crypto cloud mining emerges as a new option for investors

The Democratic Party’s victory in the U.S. midterm elections has raised new questions about cryptocurrency regulation. Bitcoin briefly fell to around $75,700 before gradually recovering and climbing back above the $78,300 mark. Bitcoin price reacts to democratic midterm election results…

Read Original Article

Explained in this story

Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency
Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

More about Bitcoin

From the blog