Huobi HTX chief analyst Andy said a divided U.S. Congress could slow crypto market-structure legislation but should not be viewed as an automatic disaster for the sector, according to BlockBeats.
Policy outlook
BlockBeats reported that Democrats retook the Senate and House in the 2026 midterm elections, leaving the Trump administration with a divided Congress. Andy said an already passed stablecoin bill would be difficult to reverse, while advancing the CLARITY Act and other market-structure measures could become harder.
What markets may watch
The report said the election result is not the core variable for this market cycle. It expects attention to return to Federal Reserve policy, ETF flows and U.S. equity trends, while stablecoin payments and real-world assets remain longer-term themes. These comments are attributed analysis and are not investment advice.
Source: BlockBeats English report, published Nov. 4, 2026.