Democrats flipped the Iowa Senate seat, securing six total flips to win control of the Senate.

US media predicted on the 3rd that House Democratic Leader Hakeem Jeffries will be the next Speaker of the U.S. House of Representatives, set to become the first African American to hold the post in U.S. history. Jeffries delivered a speech on the same day celebrating the Democratic Party’s midterm election victory, stating, “The American people have had enough of extremism and corruption.” He added, “America is back. From the East Coast to the West Coast, the American people have made it clear they are fed up with extremism and corruption.” Jeffries also outlined a “100-day agenda” focused on lowering cost of living and overseeing the Trump administration, “holding those accountable who brought unprecedented corruption to this country.” (Xinhua)

According to HTX market data, ETH has broken through $2300, currently trading at $2300.09 per token, with a 0.01% intraday gain.

According to Bitget market data, spot silver’s intraday gain widened to 2%, trading at 50.85 U.S. dollars per ounce.

On Wednesday, U.S. Treasury bonds rose. With the Democrats poised to take control of Congress, investors anticipate political gridlock in Washington that could limit government spending; meanwhile, artificial intelligence regulation may slow economic growth and reduce the need for Federal Reserve interest rate hikes. Analysts noted that markets also breathed a sigh of relief over the likely failure of former President Trump’s pledge to send $5,000 to every U.S. adult. Additionally, a decline in stock markets pushed investors toward safe-haven assets like Treasuries, further supporting the bond market. Trump had previously promised that if Republicans successfully retained control of Congress, he would distribute $5,000 to each adult U.S. citizen. The plan would have involved roughly $1.2 trillion, equivalent to 16% of the federal budget. Andrew Lilly, chief rates strategist at Barrenjoey, said: "While markets had previously viewed this scenario as having only a 5% probability, that risk has now disappeared. If implemented, the Treasury market would have faced a catastrophic reaction."

According to Bitget market data, spot gold's intraday gain has expanded to 1%, breaking through the $3,970 per ounce mark.

According to The Wall Street Journal, U.S. President Donald Trump stated that the Iran war was partially responsible for the Republican Party’s widespread losses in the midterm elections. However, he still insists he has no regrets over launching the conflict, even though it has dragged down his approval ratings. For months, he has been trying to end the conflict and complained to advisors that it has become a persistent nuisance. Trump said: "I don’t dwell on these things. I did the right thing. If I had to do it again, I would do it the same way." Trump believes the biggest political burden is not the war itself, but soaring oil prices. The conflict has led to sharp rises in U.S. gasoline and diesel prices, sparking voter discontent. He argued that voters rejected supporting the Republican Party not due to dissatisfaction with the economy or allegations of corruption within his administration. He also said he has no regrets about not talking more about economic issues during his campaign. Trump stated he has no plans to adjust personnel within his administration and expressed support for Defense Secretary Hegseth, who led the war operations. He added: "In fact, I think he is very excellent."