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US midterm elections could reshape crypto regulation and impact Bitcoin, XRP, and Solana prices.

Market News
02 Nov 2026, 21:33 WIB
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US midterm elections could reshape crypto regulation and impact Bitcoin, XRP, and Solana prices.

The US midterm elections on November 3 will determine control of the House and Senate, influencing the fate of key crypto legislation like the CLARITY Act. Markets largely expect Democrats to retain the House and possibly the Senate, pricing in limited immediate regulatory changes. Different election outcomes could affect Bitcoin, XRP, and Solana prices, with a Republican-controlled Congress potentially reviving crypto-friendly legislation and boosting prices. The Ohio Senate race is critical, especially for XRP, as it could decide the balance of power and regulatory direction. Investors are advised to remain patient as US crypto law changes slowly, with major market moves more likely tied to upcoming economic data than election results.

Bitcoin leads with a market cap of Rp27.924,37 trillion and a 24-hour volume of Rp400,13 trillion, showing a 1-day decline of 1.23% as of Nov 03, 2026 02:52 WIB on Pluang. XRP holds a market cap of Rp1.427,28 trillion with a near-flat 1-day change of +0.03%, while Solana's market cap stands at Rp981,32 trillion with a 1-day drop of 2.88%. These figures highlight the current trading dynamics of key crypto assets amid the US midterm election uncertainty.

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