Democrats took control of both chambers of Congress in the 2026 midterms, and a Motley Fool article argues Bitcoin is the crypto to favor while XRP warrants caution. The piece cites Bitcoin's market position, and regulatory challenges and competition for XRP.
Democrats secured control of both chambers in the 2026 U.S. midterm elections, and attention has turned to what that means for crypto. A recent Motley Fool article favors Bitcoin and expresses caution on XRP, according to Crypto Briefing.
The party holds a 254–168 margin in the House and 53 Democratic senators, alongside two independents. Motley Fool says the victories rattled the cryptocurrency market, since Democrats have traditionally favored tighter regulations and oversight for cryptocurrencies than Republicans.
As of November 12, Bitcoin was approximately $73,208, while XRP was priced at $1.04.
Motley Fool backs Bitcoin on institutional support
Motley Fool writer Leo Sun argues that Bitcoin will attract more support from institutional and corporate investors. He also writes that the SEC recognized Bitcoin as a digital commodity, rather than a security, earlier this year through a joint statement with the CFTC.
Sun says that designation should shield Bitcoin from any future regulations that target tokenized assets with security-like features. He adds that the Trump Administration established a Strategic Bitcoin Reserve.
XRP faces competition and a stalled bill
Sun recommends selling XRP. In his account, its price reached a multi-year high of $3.65 last July, but it now trades at about $1.
Enthusiasm faded, he writes, as XRP faced stiff competition from stablecoins and as the CLARITY Act died in the Senate. The bill would have established clearer regulatory foundations for XRP and other smaller altcoins.
Prediction markets reflect the same caution. Crypto Briefing reports 0% YES odds for XRP reaching $3.00 by the end of November.
Crypto Briefing adds that market participants will be closely watching any legislative developments that could impact cryptocurrency regulation under the new Democratic majority.
Sources: Crypto Briefing, Motley Fool
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