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Trump-linked assets slide
Trump Media shares fell 24.54% on Wednesday to $4.49, their lowest closing price ever, after losing about 62.5% of their value since the start of 2026, following the Democrats’ victory in taking control of both chambers of Congress. The Trump cryptocurrency dropped 17% to $1.33, while World Liberty Financial fell by more than 7%. The market capitalization of cryptocurrencies linked to political figures also declined by more than 16% to $477 million, despite a rise in the broader digital-asset market. The Democrats’ victory fueled concerns that legislation to regulate cryptocurrencies could stall and that oversight of Trump-related projects could tighten, adding to uncertainty about the sector’s future.
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