ChainCatcher report: Bitwise analyst Camran Khosravi posted on X that, as results from the U.S. midterm elections are confirmed, the number of senators supporting cryptocurrency is now 51, down from 52 before the election (which included two pro-crypto candidates from Alaska). In this election, the Democratic Party successfully won seven Senate seats previously held by Republicans, four of whom received an A rating from the crypto advocacy group Stand With Crypto. Khosravi believes that cryptocurrency is becoming a bipartisan issue.
Bitwise Analyst: 51 U.S. Senators Now Support Cryptocurrency
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Summary
Bitwise analyst Camran Khosravi reported that 51 U.S. senators now support the cryptocurrency market, down from 52 following the midterms. The shift occurred after Democratic gains in seven Senate seats, including four candidates who received an A-grade from Stand With Crypto. Khosravi said support for crypto is increasing across both parties.
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