Trump-Linked Tokens Crash as Democrats Win Midterms

U.S. President Donald Trump-linked tokens crashed by as much as 11% before partially recovering, but failed to rebound like bitcoin as Democrats won control of both the Senate and House. As election results began to point to a Republican defeat late on Nov. 3, WLFI, the token of World Liberty Financial, dropped 10%, reaching its […]
Key Takeaways
- President Donald Trump-linked tokens crashed by as much as 11% before partially recovering, but failed to rebound like bitcoin as Democrats won control of both the Senate and House.
- As election results began to point to a Republican defeat late on Nov.
- 3, WLFI, the token of World Liberty Financial, dropped 10%, reaching its […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

Midterms Blue Wave Makes $917K for One Polymarket Trader, If Alaska Doesn’t Flip
A Polymarket trader topped the prediction market’s leaderboard after Democrats swept the US midterms, but Alaska could still flip it.

Bitcoin Price Outlook: Falling Oil Fuels Recovery Hopes
Bitcoin Price Outlook is attracting renewed attention as falling oil prices offer financial markets some relief from inflation concerns. While BTC continues navigating a challenging economic environment, the latest energy-market developments could create more…

Ripple’s RLUSD Adds Nearly $1B in 90 Days as Tether’s USDT Loses $5B
Ripple’s RLUSD stablecoin has crossed $2.5 billion in supply after adding about $972 million in 90 days, the biggest gain among major dollar tokens while USDT and USDC shrank. Growing Quietly Ripple USD (RLUSD), the dollar-pegged stablecoin issued by Ripple,…