Deep Tide TechFlow News, on November 7, according to Fox Business News, the U.S. cryptocurrency industry achieved a significant victory in the recent elections, with over 250 cryptocurrency-supporting congressional candidates successfully elected.
It is reported that the crypto industry invested at least $238 million in this election to influence key districts in the House of Representatives and the Senate. This huge investment was mainly used to support pro-cryptocurrency candidates, including Republican businessman Bernie Moreno, who defeated incumbent Democratic Senator Sherrod Brown in Ohio, marking the first time in nearly 18 years that a Republican has won a Senate seat in the state.
As of the time of publication, Bitcoin supporter and Republican businessman Dave McCormick is temporarily leading in a fierce contest against incumbent Democratic Senator Bob Casey in Pennsylvania, with the final results yet to be announced.