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One Corner of Crypto Missed the Post-Election Rally, and It Carries Trump’s Name

By Kamina Bashir

Official Trump (TRUMP) and Melania Meme (MELANIA) fell to record lows after Democrats won Congress in the midterm elections. Trump Media & Technology Group (DJT) stock also closed at a record low on Wednesday. The broader crypto market moved the other way. Bitcoin (BTC) gained 4.36% over the past 24 hours, while…

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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