Crypto Crash Hits Trump Family, Followers’ Wealth
During Donald Trump’s second term, crypto assets significantly impacted his family’s wealth. The value of the Trump-branded memecoin has decreased by about a quarter since August, while Eric Trump’s investment in a Bitcoin mining venture lost nearly half its peak value. Furthermore, shares of Trump’s social media company, which recently began accumulating Bitcoin, are currently trading near an all-time low. This illustrates the inherent volatility of digital currencies and their impact on the Trump family’s financial holdings.
John Q. Hosedrinker