Trump Media Stock Hits Record Low as TRUMP and WLFI Tokens Slide After Midterms
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TLDR Official Trump token fell 17% and World Liberty Financial’s token dropped over 7% after Democrats won Congress. Bitcoin rose more than 4% to about $80,500 while Trump-linked tokens slid. Trump Media & Technology Group stock hit a record low of $5.23 at the open. Incoming House Oversight chair Robert Garcia plans probes of Trump family business deals, possibly from February 2027. The stalled CLARITY Act faces more uncertainty after the vote. Two crypto tokens tied to President Donald Trump led losses among the top 100 digital assets on Wednesday. The drop came a day after Democrats won control of both the House and the Senate in the midterm elections. The rest of the crypto market moved higher.
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