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Trump-linked crypto tokens fall sharply while XRP and Bitcoin rally amid political divides.

05 Nov 2026, 16:22 WIB
Dailycoin
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Neutral
Trump-linked crypto tokens fall sharply while XRP and Bitcoin rally amid political divides.

Trump-linked tokens such as TRUMP, MELANIA, and WLFI saw significant price drops, while XRP and Bitcoin experienced gains during a broader crypto rally. The declines in Trump-related assets are linked to anticipated Democratic investigations into Trump's business ventures, though this is an interpretation rather than confirmed cause. Meanwhile, bipartisan support for crypto legislation remains a key factor, with discussions around market-structure bills continuing. This highlights a split in the crypto market between politically tied tokens and mainstream digital assets, with regulatory progress and political risks influencing prices separately.

As of Nov 05, 2026 21:31 WIB, XRP is trading at Rp23.706 with a 1-day gain of 1.67%, contrasting sharply with the Trump token (TRUMP) which dropped 13.86% to Rp22.047. Bitcoin also rose by 1.63% to Rp1.444.491.247, showing stronger investor confidence compared to the politically linked TRUMP token. This divergence highlights the split between mainstream cryptos like XRP and BTC and politically tied tokens on Pluang.

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