TRUMP Coin Crashes Over 15% as Democrats’ Midterm Win Paves Way for Crypto Probe

The Official Trump token fell more than 15% in 24 hours to around $1.27 and hit an all-time low of $1.22 after Democrats won both chambers of Congress in the midterms. Democrats set to lead key committees, including Jamie Raskin at House Judiciary, Robert Garcia at House Oversight and Elizabeth Warren at Senate Banking, said they would investigate the Trump family's crypto business. Other Trump-linked assets dropped: WLFI about 6%, MELANIA nearly 13%, and Trump Media & Technology Group, parent of Truth Social, to an all-time low of $5.03, while Bitcoin rose above $80,000. When the 120th Congress convenes in January 2027, committee chairs gain subpoena power, and Democrats plan an oversight hearing and expect to subpoena private family-linked companies.