TRUMP Coin Crashes Over 15% as Democrats’ Midterm Win Paves Way for Crypto Probe

The Official Trump (TRUMP) token has fallen by over 15% in the past 24 hours and is currently trading at around $1.27. According to CoinGecko , the token hit a new all time low of $1.22 after Democrats took control of both chambers of Congress in the US midterms. The selling pressure accelerated yesterday as the results came through. Within a matter of hours, Democrats lined up to take over key committees said they would investigate Trump’s family’s crypto business, and traders have started pricing in what that could mean. Trump-linked Assets Fell While Bitcoin Pushed Past $80K Apart from the TRUMP Coin, yesterday’s results and the subsequent news on the crypto probe have put a lot of pressure on other assets tied to the family.

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