According to the source, Cardano founder Charles Hoskinson said that Donald Trump’s meme coin launch and the broader politicization of crypto hurt the industry’s long-term prospects ahead of the 2026 U.S. midterm elections (source). According to the source, this frames a persistent U.S. policy and regulatory overhang that traders treat as headline risk, with potential pressure on risk appetite and liquidity for smaller-cap tokens (source). According to the source, market participants are guided to monitor U.S. election-linked policy news and regulatory developments as key drivers of crypto market sentiment into 2026 (source).

According to @EleanorTerrett, advocacy group Stand With Crypto is gearing up for the 2026 U.S. midterms with a new candidate survey, highlighting a fresh round of crypto regulation touchpoints for policy tracking, source: @EleanorTerrett on X, Nov 24, 2025, link: https://twitter.com/EleanorTerrett/status/1992942262565875735. According to @EleanorTerrett, the update also notes that Sen. Elizabeth Warren has found rare common ground with the crypto industry, underscoring potential bipartisan signals relevant to U.S. crypto policy sentiment, source: @EleanorTerrett on X, Nov 24, 2025, link: https://twitter.com/EleanorTerrett/status/1992942262565875735. According to @EleanorTerrett, these developments are framed as items to watch this week, making them near-term regulatory catalysts for traders monitoring U.S. crypto policy headlines and election-linked market drivers, source: @EleanorTerrett on X, Nov 24, 2025, link: https://twitter.com/EleanorTerrett/status/1992942262565875735.