In brief
- Crypto leaders rebuked Democrats after the party’s official X account posted “yikes” with a crypto crash graphic, calling it insensitive to investor losses across party lines.
- The backlash came as over $2.6B in positions were liquidated in 24 hours, with Bitcoin down 8% to $64,752.
- Executives and policy advocates warned that partisan mockery of market pain could hurt Democrats with crypto voters, as digital asset legislation advances before midterms.
Crypto industry leaders fired back at Democrats on Friday after the party’s official X account posted “yikes” alongside a graphic mocking crypto market losses, drawing accusations of partisan insensitivity as Bitcoin plunged and investors lost billions.
The Democratic Party’s
Feb 06 2026
