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Trump-linked tokens lead crypto losses after Democrats sweep in the US midterms

Two tokens linked to US President Donald Trump, Official Trump (TRUMP) and World Liberty Financial (WLFI), were the biggest losers among the top 100 cryptocurrencies on Wednesday, while Bitcoin and Ether rallied. TRUMP fell 17% over 24 hours to $1.33 and WLFI dropped over 7% to $0.047, per CoinMarketCap; Trump-family MELANIA fell nearly 13%, and the VANCE token, which has no confirmed official link to Vice President JD Vance, fell nearly 12%. The slide followed Democrats winning control of both the House and Senate in the midterms, which could make it harder for Trump to push his crypto plans and bring more scrutiny to his family's crypto businesses. Meanwhile, Bitcoin rose over 4% to around $80,500, Ether climbed 6% to $2,433, and the total crypto market gained 3.4% to $2.69 trillion, while the political memecoin sector fell over 16% to $477 million.

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cryptoDonald Trumpbitcoinmidterm elections

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Related tickers and likely impact

TRUMP/USDT

▼ Likely negative

Official Trump

Relevance: medium

MarketCrypto
ExchangeBinance
SectorMeme
Market cap$450.1M
Close on 11/03/20261.58600
Change that session-0.88%
TRUMP/USDT price, forecasts and signals →

BTC/USDT

▼ Likely negative

Bitcoin

Relevance: low

MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$1.6T
Close on 11/03/202677,453.86
Change that session+0.83%
BTC/USDT price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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