Bitcoin dips to $75,700 as early midterm results point to a Democratic sweep

Bitcoin briefly fell to $75,700 as early U.S. midterm election returns suggested Democrats could win control of both the House and the Senate. The shift in expectations rattled broader financial markets, with stock futures and the U.S. dollar declining. Treasury bonds rallied at the same time, reflecting investors moving toward safer assets. The article attributes the sell-off in crypto to bets on a Democratic sweep rather than to any single company or event.
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