COINTELEGRAPH · 2026-11-03 19:38 UTC

US midterms: Prediction markets favor Democrats in key crypto races

Prediction markets on Kalshi and Polymarket show Democrats favored to win control of Congress in US midterms, with a 75% probability of a Democratic sweep. In Ohio's Senate race, crypto-focused super PAC Fairshake spent $56.6 million but prediction markets give Democrat Sherrod Brown a 72% chance of winning, potentially complicating crypto's legislative agenda. In Maine, prediction markets give Democrat Troy Jackson a 71% chance of unseating Republican Susan Collins, who voted against the CLARITY Act, potentially adding a crypto-supportive senator.

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