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Crypto PAC Fairshake wins 29 of 34 races in 2026 US midterms despite costly Ohio loss

Market News
05 Nov 2026, 12:28 WIB
Blockonomi
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Neutral
Crypto PAC Fairshake wins 29 of 34 races in 2026 US midterms despite costly Ohio loss

Fairshake, the largest crypto political action committee, won 29 of 34 decided races in the 2026 US midterm elections, helping pro-crypto candidates from both parties secure seats. Despite spending over $60 million, crypto-backed groups failed to unseat Democrat Sherrod Brown in Ohio. Democrats regained control of both the House and Senate, shaping the legislative agenda for the next two years. Fairshake plans to remain active with $56 million ready for the 2028 cycle, continuing to push for federal crypto regulations like the CLARITY Act.

Following the political shifts highlighted by Fairshake's efforts and the Democrats regaining control of the US Congress, XRP (Ripple) shows resilience on Pluang. As of Nov 05, 2026 17:41 WIB, XRP trades at Rp23.971 with a positive 1-day change of 2.58%. The market cap stands at Rp1.508,7 trillion, while daily trading volume reaches Rp42,95 trillion, indicating active investor interest despite a majority of sell orders at 69%.

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