【BTC up 4%, Trump-themed coins down 20% in two days: Democrats’ congressional win means Trump’s crypto business is now under scrutiny!!!】
After Democrats won both chambers in the U.S. midterm elections, BTC rose 3.9% on November 4, while two coins linked to the Trump family fell against the trend:
- $TRUMP fell 20% on November 4; during the 01:00 hour Beijing time on November 5, it dropped 10.6%, bringing its two-day loss to around 22%
- $WLFI fell around 14% over two days, hitting a 10-day low
Markets are also watching for the possibility of congressional investigations. Democratic Representative Garcia, expected to become chair of the House Oversight Committee, wrote “Lawyer up” in response to the election results. The new Congress can issue subpoenas after taking office in January 2027. Areas of focus include:
- World Liberty: UAE funds reportedly acquired around a 49% stake before Trump’s inauguration
- USD1 stablecoin: Its application for a banking license has received conditional preliminary approval
- TRUMP coin: Trump reported around $635 million in related royalties for 2025
Could these policy benefits now face scrutiny? Do you think these two coins still have a chance to rebound?
#U.S. midterm elections: What is the market expecting?
After Democrats won both chambers in the U.S. midterm elections, BTC rose 3.9% on November 4, while two coins linked to the Trump family fell against the trend:
- $TRUMP fell 20% on November 4; during the 01:00 hour Beijing time on November 5, it dropped 10.6%, bringing its two-day loss to around 22%
- $WLFI fell around 14% over two days, hitting a 10-day low
Markets are also watching for the possibility of congressional investigations. Democratic Representative Garcia, expected to become chair of the House Oversight Committee, wrote “Lawyer up” in response to the election results. The new Congress can issue subpoenas after taking office in January 2027. Areas of focus include:
- World Liberty: UAE funds reportedly acquired around a 49% stake before Trump’s inauguration
- USD1 stablecoin: Its application for a banking license has received conditional preliminary approval
- TRUMP coin: Trump reported around $635 million in related royalties for 2025
Could these policy benefits now face scrutiny? Do you think these two coins still have a chance to rebound?
#U.S. midterm elections: What is the market expecting?
