A Democratic social media post mocked crypto losses, drawing criticism from industry leaders. Over 2.6 billion USD liquidated, Bitcoin dropped to 64,752 USD, prompting concerns about the impact on pro-crypto Democratic voters during the midterm elections.
Industry executives warned against mocking investor losses, citing shared financial pain among voters. Voices like Caitlin Long and John Deaton highlighted the risks of alienating the crypto community in an already polarized political landscape.
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