• Bitcoin options price a roughly ±3.5% Election Day move, potentially understating surprise risks surrounding the November 3, 2026, US midterms.
• Prediction markets assign Democrats a 91.5% chance of winning the House and a 66.5% probability of controlling both chambers.
• A Democratic Congress would likely bring legislative gridlock, shifting crypto policy toward hearings and investigations rather than new restrictions.
• Six-month at-the-money bitcoin implied volatility hit a record low of 37.3% on October 5, leaving longer-dated options near historic lows.
• Losses among key House crypto legislators could weaken the industry's legislative expertise, even if Republicans retain control.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BitGo Holdings Inc. published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.