Latest Crypto Crash Wipes $1 Billion Off Trump Family’s Wealth
Overview
The recent downturn in the cryptocurrency market has led to significant losses for many investors, including the Trump family, whose wealth has decreased by $1 billion. This decline is attributed to a substantial drop in total market valuations, affecting various crypto-related ventures associated with the family.
Details of the Downturn
The cryptocurrency market has witnessed a sharp decline, with total valuations dropping from an all-time high of nearly $4.3 trillion to below the $3 trillion mark. The Trump family’s wealth, which was approximately $7.7 billion in September, has now fallen to around $6.7 billion due to this market downturn.
Impact on the Trump Family’s Crypto Ventures
The Trump family’s crypto portfolio has been significantly affected by recent market conditions. Key components of their investments include:
- President Trump’s Official Memecoin: The value of this asset has been adversely impacted.
- Eric Trump’s Bitcoin Mining Firm: American Bitcoin Corp has also felt the effects of the market decline.
- Truth Social: This platform, which is Bitcoin-related, has seen losses as well.
One of the most severely impacted entities is Trump Media & Technology Group (TMTG), the parent company of Truth Social. Shares of TMTG have dropped to a record low, resulting in an estimated $800 million decline in Trump’s stake since September. TMTG has invested heavily in Bitcoin, spending approximately $2 billion on digital assets and holding around 11,500 BTC. The value of this Bitcoin has decreased significantly, representing a downturn of about 25%.
Additionally, World Liberty Financial (WLFI), considered the Trump family’s main crypto operation, has rapidly lost value. WLFI’s trading price has decreased from $0.26 to around $0.15, with its total valuation dropping from about $6 billion to just over $4 billion.
Optimism Amidst Challenges
Despite these financial setbacks, a spokesperson for World Liberty Financial expressed a positive outlook, stating that “Crypto is here to stay.” This sentiment reflects a long-term belief in the technologies supporting digital assets, which are seen as transformative for financial services.
Eric Trump remains optimistic as well. Following his return to office in January, he and Donald Trump Jr. began working with Hut 8 Corp, a company that provides Bitcoin mining equipment. They secured a controlling interest in American Bitcoin Corp, in which Eric Trump reportedly holds about 7.5%. However, shares of Hut 8 have been cut by nearly half, resulting in a loss of over $300 million from Eric Trump’s wealth since September.
Eric Trump suggested that the recent market declines may represent “a great buying opportunity,” emphasizing that those who invest during downturns may emerge as long-term winners in the cryptocurrency space.
Impact on the crypto market
- The total cryptocurrency market valuation has dropped significantly, affecting many investors.
- The Trump family’s wealth has decreased by $1 billion due to the downturn in crypto valuations.
- Key investments such as TMTG and WLFI have experienced substantial losses.
- Despite the downturn, some stakeholders maintain a long-term optimistic view on the future of cryptocurrency.
- Market volatility may present buying opportunities for investors willing to take risks during downturns.
Updated: 11/25/2025, 8:33:39 AM
