BlockBeats news, on November 24, according to the Bloomberg Billionaires Index, the total wealth of the Trump family has dropped from 7.7 billion USD in early September to about 6.7 billion USD currently, mainly dragged down by their rapidly expanding encryption investment portfolio. Among them, TRUMP coin has fallen about 25% since August, and the market capitalization of American Bitcoin (ABTC), a Bitcoin mining company held by Eric Trump, has slumped by 50%, evaporating over 300 million USD. Trump Media (TMTG) has seen its equity value drop by about 800 million USD due to adverse bets of 2 billion USD in Bitcoin and CRO, with a loss of about 25% on its 11,500 Bitcoin positions. Additionally, the WLFI token of the Trump family's encryption project World Liberty Financial has also fallen back from its peak value of nearly 3 billion USD.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Cash Battles $459 Resistance as Massive Sell Walls Stack Toward $650
BCH is trading at $455.86 close to the resistance range of $459.20 with the support level of $447.44.
The chart data indicates that the chart has strong resistance levels at around $520, $580 and $650 which restricts the momentum on short term upside.
Following a sharp fall, price
CryptoNewsLand30m ago
HYPE Hits $35.53 After 2.4% Jump — Will Momentum Hold as Price Tests $35.59 Resistance?
Hyperliquid’s HYPE trades at $35.53, approaching the $35.59 resistance after a 2.4% daily gain.
The chart shows the $33.67 zone acting as support after price moved above a previously contested level.
Price now trades between $33.67 support and $35.59 resistance, shaping the immediate
CryptoNewsLand1h ago
Is Injective (INJ) a Dead Coin or the Next 2800% Opportunity? Here’s What The Chart Is Saying
The Injective price has fallen sharply from its previous all-time high, leading some traders to question whether the project has lost its momentum.
However, a recent technical analysis shared by top analyst Crypto Patel suggests that the recent decline may actually represent a typical
CaptainAltcoin2h ago
CFX 4-hour chart reaches a new high for the phase, with approximately 14% increase over 24 hours
Gate News: On March 15, market data shows that CFX reached a new phase high on the 4-hour K-line chart, with prices touching approximately 0.06282 USDT at their peak, representing a 24-hour gain of around 14%. Some community members believe this rally may be related to recent macroeconomic catalysts. Earlier, media outlets citing sources reported that Iran is considering allowing certain tankers to pass through the Strait of Hormuz on the condition that petroleum transport be settled in Chinese yuan. Related discussions have once again sparked market attention toward yuan stablecoins and cross-border payment narratives.
GateNews3h ago
After the network upgrade: What prospects await SOL?
The official approval of protocol SIMD-0266 aims to optimize computing efficiency on the Solana network by introducing p-tokens, simplifying transaction processing. This upgrade, set for April, has prompted increased buying activity and could lead to significant cost reductions and performance improvements.
TapChiBitcoin4h ago
Track FET's journey to the $0.24 milestone as the AI cryptocurrency sector records its most positive trading week in months
The cryptocurrency industry related to AI has recently recorded an impressive performance. According to data from CoinMarketCap, the total market capitalization of this sector has grown 16% in just the past week. Many leading tokens in this category have also achieved significant growth, attracting
TapChiBitcoin4h ago
