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Bitcoin inverse correlation with the dollar hits record as Polymarket prices Democrats at 93 percent for the House and 65 percent for the Senate, TradingView reports
- Bitcoin inverse correlation with the dollar hits record as Polymarket prices Democrats at 93 percent for the House and 65 percent for the Senate, TradingView reports — TradingView, citing BeInCrypto on October 26, reported Polymarket prices Democrats at 93 percent to win a House majority and 65 percent for the Senate with eight days left before the midterms. Glassnode said Bitcoin's inverse correlation with the dollar has reached its strongest level on record, leaving Bitcoin exposed if Democratic control strengthens the dollar, while reduced funding for military operations related to Iran could ease oil and inflation pressure in the other direction. (TradingView)
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