Fairshake Provides Barry Moore with 5M$ Senate Support

The crypto super PAC named Fairshake's affiliate organization Defend American Jobs will spend $5 million to support crypto-friendly politician Barry Moore's U.S. Senate candidacy. According to a Bloomberg report citing Fairshake's statement, the five-week campaign starting this week will include broadcast TV and Fox News channel ads highlighting U.S. President Donald Trump's support for Moore. Fairshake, one of the leading PACs backed by crypto companies like Coinbase and Ripple Labs, spent approximately $130 million in the 2024 U.S. elections to support pro-crypto candidates.

Details of Fairshake's Barry Moore Campaign

Moore is a politician elected to the U.S. House of Representatives in 2020 and rated as providing "strong support for crypto" by the Stand With Crypto organization. In a December X post, he endorsed Trump's crypto stance, saying, "Crypto is not a fad; it is part of our future." In an Alabama Daily News poll, 17% of Republican voters supported Moore, while 26% preferred Steve Marshall.

Fox News Advertising Strategy with Trump Effect

The campaign will focus on Fox News and national TV with Trump's official endorsement. This move aims to solidify the crypto industry's support within the Republican base. Fairshake's accumulation of $193 million in cash ahead of the 2026 midterms signals even larger expenditures.

Fairshake's Crypto Political Power and Budget

Fairshake grew with contributions from companies like Ripple Labs focused on XRP. The PAC, which spent $130 million in 2024, now aims to strengthen crypto-friendly laws in the U.S. through candidates like Moore. This support could accelerate the passage of regulations like FIT21 to the Senate.

Institutional and Political Support Reflected in BTC Market

Political developments are impacting BTC price. As of February 11, 2026, BTC detailed analysis price is $66,967.99, with a 24-hour change of -3.01%. RSI at 29.83 is in oversold territory. Goldman Sachs holding $1.1 billion in BTC and $153 million in XRP demonstrates institutional confidence.

Level	Price	Score	Distance
S1 Support	62.974$	66/100 ⭐	-5,65%
R1 Resistance	70.216$	77/100 ⭐	+5,20%

ETF Flows and Crypto Market Connection

ETF flows on February 9, 2026 were positive: BTC ETFs +$144.9 million, ETH +$57 million. These inflows support the optimism created by PACs like Fairshake. Although Supertrend is in a downtrend, BTC futures hold recovery potential with the RSI oversold signal. Political support could trigger BTC to test the $70,000 resistance.

What Does a Moore Victory Mean for BTC and XRP?

A Senate victory for Moore could soften crypto regulations. With Ripple's support following XRP lawsuits, similar candidates are protecting the industry. Even though the market is in a downtrend, these developments are a long-term bullish signal.