Trump lost Congress, and Trump-related assets took a hit too.
In the U.S. midterm elections, Democrats won control of both the House and the Senate.
Trump acknowledged that the war with Iran was one reason Republicans lost, but said he had no regrets.
The market reaction was more direct:
Trump Media & Technology Group fell more than 11%, Tesla dropped 4.76%, the TRUMP token fell about 11%, and WLFI also came under pressure.
Of course, the decline in these assets wasn’t entirely caused by the election.
But one question is increasingly worth taking seriously:
When a company’s valuation or a token’s narrative is too closely tied to a political figure, the election itself becomes a risk event.
In the past, people bought into Trump-related assets to trade on his political influence.
Now they may need to reassess the political risk.
Politics can give assets a premium—and make it disappear overnight.
Going forward, the Trump family’s crypto ventures may be worth watching even more closely than the broader market.
In the U.S. midterm elections, Democrats won control of both the House and the Senate.
Trump acknowledged that the war with Iran was one reason Republicans lost, but said he had no regrets.
The market reaction was more direct:
Trump Media & Technology Group fell more than 11%, Tesla dropped 4.76%, the TRUMP token fell about 11%, and WLFI also came under pressure.
Of course, the decline in these assets wasn’t entirely caused by the election.
But one question is increasingly worth taking seriously:
When a company’s valuation or a token’s narrative is too closely tied to a political figure, the election itself becomes a risk event.
In the past, people bought into Trump-related assets to trade on his political influence.
Now they may need to reassess the political risk.
Politics can give assets a premium—and make it disappear overnight.
Going forward, the Trump family’s crypto ventures may be worth watching even more closely than the broader market.