Bitcoin

While Ken Paxton is seen as pro-crypto, the primary outcome was widely expected and does not alter near-term regulatory dynamics. The real market driver is the broad macro risk-off environment that has pushed BTC down 16% in a week and ETH down nearly 9% in 24h.

Ken Paxton won the Texas Republican Senate primary runoff and attacked Democratic nominee James Talarico as 'too low-T for Texas'.