Democrats’ Crypto ‘Crash’ Tweets Spark Industry Backlash Amid Bitcoin Slide

Industry leaders reacted sharply to the Democratic Party’s Feb 4, 2026, post mocking the crypto market, as Bitcoin plunged 8.1% in the past 24 hours to $65,729, a 33.1% year-over-year loss. The post drew accusations of partisan insensitivity amid $2.6B in 24-hour liquidations, including $1.35B from Bitcoin longs. Para 2: Coinglass data showed Ethereum facing $443M in long-position liquidations. Executives and advisors cautioned such messaging risks alienating pro-crypto voters ahead of midterms, as partisan tensions over crypto policy intensified following similar tweets from California’s press office and ongoing probes of a $500 million UAE investment in World Liberty Financial.