Trump-Linked Tokens Lead Crypto Losses Following US Midterm Election Results
Key Highlights: Major cryptocurrencies rallied as Bitcoin crossed $80,500 and the broader crypto market hit $2.69 trillion, even as political memecoins experienced sharp double-digit selloffs. Donald Trump-linked and political tokens plunged, with $MELANIA falling nearly 13% and the total political memecoin market cap dropping over 16% to $477 million. Election outcomes and regulatory headwinds pose ...