Citigroup predicts a Republican sweep in the upcoming US midterm elections would be beneficial for cryptocurrencies and Coinbase stock, according to CoinDesk. A GOP-controlled Senate could pass crypto-friendly legislation like the Lummis-Gillibrand bill, which classifies crypto as a commodity, and appoint crypto-friendly leaders to regulatory agencies. Even a Republican-controlled Senate and Democratic-controlled House would be positive for crypto, as pro-crypto members from both parties could balance out anti-crypto House members. However, a Democratic sweep remains the most uncertain outcome for the crypto market, as former Vice President Kamala Harris has yet to articulate a clear crypto policy.