Bitcoin

Crypto markets are currently driven by macro factors like Fed policy, liquidity conditions, and risk appetite, not regional European elections. However, persistent political fragmentation in Germany could indirectly affect euro stability and EU fiscal cohesion, which might influence global risk sentiment over the medium term, but this is a second-order effect.

The far-right Alternative for Germany (AfD) won the Saxony-Anhalt state election but failed to secure an absolute majority in the state parliament.