Trump’s cryptos become top 100’s biggest losers after U.S. midterms
A number of cryptocurrencies posted gains on Wednesday, November 4, after Democrats won both houses in the midterm elections, but Trump’s cryptos became the top 100’s biggest losers. The Official Trump (TRUMP) crypto is now down 7.13% on the daily chart, trading at $1.47 after having lost roughly $40.2 million in market cap, which went from $455 million to $414.77 million, per CoinMarketCap data. At the same time, the World Liberty Financial (WLFI) token has dropped 4.89%, changing hands at $0.048 after a $120 million decline in market value from $1.65 billion to $1.53 billion. Advertisement Trump crypto market cap. Source: CoinMarketCap Crypto rebounds following midterm elections For comparison, Bitcoin (BTC) is up 2% at press time, sitting at $78,450. Similarly, XRP has gained 2.7%, currently trading at $1.29. Ethereum (ETH) also advanced, rising 2.5% to $2,320. Other major digital assets, including Solana (SOL), Dogecoin (DOGE), and Cardano (ADA), poste...