According to CoinMeta, as reported by Coinpedia, Bitcoin once broke through $81,000 after the 2026 U.S. midterms, but then quickly fell back. High inflation data in October put new pressure on Bitcoin, causing it to drop below $74,000. Historical data shows that Bitcoin has the potential to recover even after initial weakness following midterms. Although the election results eliminated one source of uncertainty, they did not remove the overall pressure, and the Democrats' majority in Congress may make it more difficult to advance some proposals supportive of cryptocurrencies.