CryptoUpdated November 5

Trump Media shares close down 24.54% after Democrats win Congress

The Guardian’s Wednesday-morning snapshot put Trump Media shares just above $5, down 11% overnight from $5.90 as election returns came in. By the close, the stock was down 24.54% for the full session, at $4.49, according to market data reported by FinanceCharts. Al Jazeera linked the losses in Trump’s shares and Trump- and family-linked crypto tokens to Democrats’ congressional win, amid fears of tighter oversight and stalled legislation supporting crypto.

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Coverage started November 4