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Trump's TRUMP token drops 7% as Democrats win Congress; DeFi tokens and Bitcoin rally.

04 Nov 2026, 17:59 WIB
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Trump's TRUMP token drops 7% as Democrats win Congress; DeFi tokens and Bitcoin rally.

The Official Trump (TRUMP) cryptocurrency fell 7.1% following Democratic victories in the US midterm elections, reflecting investor concerns over increased scrutiny of Trump's business interests. Meanwhile, World Liberty Financial's WLFI token dropped 5%, contrasting with a broader crypto market recovery where DeFi tokens like Injective and Ethena gained around 5%, and Bitcoin rose toward $78,300. The Democratic win raises questions about future crypto regulation, including the CLARITY Act, as the industry seeks bipartisan support amid ongoing political shifts.

TRUMP token's market cap stands at Rp7,42 trillion with a 1-day decline of 11.53% as of Nov 04, 2026 23:02 WIB, showing significant selling pressure on Pluang where 65% of orders are sell. WLFI also dropped 6.59% with a market cap of Rp28,65 trillion, while DeFi tokens like Ethena gained 7.71% and hold a market cap of Rp43,56 trillion, reflecting stronger buying interest at 37% sell activity. This trading activity highlights divergent investor sentiment across tokens amid political developments.

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