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Fred Krueger says US midterm results are best-case scenario for Bitcoin

NewsFeeds update

Bitcoin maximalist Fred Krueger said on X that the US midterm election outcome is the best-case scenario for BTC, arguing a Democratic win in Texas makes AI-related investment less attractive and capital needs a new theme.

BitcoinCoinNessAIBullish

Read the original on CoinNess

The story so far: Clarity Act passage prospects

Democrats won back both chambers of Congress in the 3 November midterms, and analysts expect the CLARITY Act to stall. Galaxy Research's Alex Thorn now says no substantive progress on key digital asset legislation is likely, though the SEC, CFTC and bank regulators can keep shaping rules under existing authority.

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  1. Fred Krueger says US midterm results are best-case scenario for Bitcoin

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