Regulation● Neutral

Crypto Industry Spends About $176M on Midterm Races to Build Congressional Support

TradingGain Newsroom·1d ago·27 Oct 2026, 14:34 UTC

The crypto industry has spent about $176 million on more than 100 midterm races. The aim is a bipartisan group in Congress that can protect its interests after Trump leaves office. For traders, this signals that political backing for the sector could shape future crypto rules.

BTCAt the time of writing, Bitcoin traded at $80,245 (+0.27% in 24h).Live price →

Why it matters

About $176 million has gone into more than 100 midterm races so far.
The goal is a bipartisan bloc in Congress that can defend crypto interests.
The effort is aimed at the period after Trump leaves office, which may influence future policy.

What to watch next

Watch the midterm election results and whether the next Congress moves forward on crypto-related policy.

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This brief is written by TradingGain from public reporting by Bitcoin Magazine.Read original ↗

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