A survey by Pew Research Center found U.S. adults with experience investing, trading or using cryptocurrencies were more common among Republican respondents than Democrats, highlighting stronger links between digital assets and politics. The share rose among Republican-leaning respondents compared with earlier years. Markets point to President Donald Trump’s shift to a pro-crypto stance and related business moves. Other factors include gender, age and race differences in participation. Crypto-backed PAC spending has also increased.

U.S. President Donald Trump has wide-ranging interests across digital assets, including a personal wallet, the WLFI DeFi platform, memecoins tied to the Trump family name and bitcoin holdings strategies by Trump Media and Technology Group. Data cited in the article point to steep price declines in Trump-linked tokens and scrutiny by the Senate Permanent Subcommittee on Investigations. Critics also raise concerns over token structures, foreign investment and potential conflicts of interest alongside pro-crypto policy moves.