Trump Crypto Tokens Crash as Democrats Take Control of Congress
Summary
Trump-linked tokens fell sharply after Democrats won control of both chambers of Congress, while the broader market rose. TRUMP dropped about 17% to $1.33, WLFI fell more than 7% to roughly $0.047, and MELANIA declined nearly 13%; Bitcoin and Ethereum gained over 4% and about 6%, respectively. The election result may complicate the administration’s crypto agenda and heighten scrutiny of Trump-associated ventures. TRUMP has lost more than 98% from its reported peak of $73.43.
