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Trump-linked tokens and stocks plunge after Democrats win US midterms, crypto and mining shares also drop.

Market News
05 Nov 2026, 20:13 WIB
Tokenpost
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Bearish
Trump-linked tokens and stocks plunge after Democrats win US midterms, crypto and mining shares also drop.

Trump-linked tokens TRUMP and WLFI fell sharply by 17.64% and 8.14% respectively following the Democrats' sweep in the US midterm elections. Shares of Trump Media & Technology Group dropped 17% to a record low, extending losses beyond crypto tokens. Additionally, crypto mining stocks like Galaxy Digital, Hut 8, and MARA declined between 7% and 23% as investors reassessed their prospects amid plans to shift into AI data-center businesses. The market reaction reflects political and sector-specific uncertainties affecting these assets.

Following the political shifts noted in the news, TRUMP token on Pluang is down 9.78% at Rp21.474 as of Nov 06, 2026 01:32 WIB, with a market cap of Rp5,72 trillion and a strong buy interest at 79%. WLFI token also shows a smaller decline of 3.83%, priced at Rp824, with a market cap of Rp25,76 trillion and balanced buy-sell activity. These figures highlight ongoing investor reactions on Pluang to the evolving political landscape.

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