Since taking office, US President Donald Trump and his family have dove headfirst into a wave of cryptocurrency-focused business ventures and have briefly seen their wealth increase thanks to these deals. But that momentum has faded.
Today, both the Trump family’s achievements—and those of his most devoted supporters—have been undone as market volatility intensifies.
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The Family Crypto Empire Faces a Reversal
Trump’s crypto companies have become recognizable fixtures across the industry.
They began with the toss of a meme coin of the same name, quickly followed by a nearly identical token of First Lady Melania Trump. Then came World Liberty Financial. Eric Trump also intervened through the Bitcoin mining company Hut 8.
At this point, there is virtually no corner of the cryptocurrency industry that the presidential family has not taken advantage of.
At their peak, the profits of these companies were astonishing. Estimates differ, but an August investigation by watchdog group Accountable.US found that about 73% of Trump’s wealth was tied to cryptocurrency-related deals.
That figure represents a sharp increase from April, when the NGO State Democracy Defenders Fund estimated that 37% of its wealth came from cryptocurrencies.
That landscape, however, has changed dramatically. Now that markets are falling and indicators are flashing red, the Trump family’s crypto profits have taken a hit.
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Family Tokens and Stocks Plunge
The Trump family’s cryptocurrency portfolio has taken a hit in almost every company they touched.
Your Trump-branded memecoin reachIt reached its last high on November 10 at $9.49, but has since plummeted to $6.20, a drop of almost 35% in just a few days. The family’s exact involvement is unclear, but estimates suggest the crash wiped out about $117 million from their holdings.
Trump Media, the parent company of Trump’s social media platform Truth Social, has also suffered losses, particularly after it decided to invest $2 million in Bitcoin in July.
Bloomberg estimates that the value of the president’s stake in the company has fallen by about $800 million since September. Trump remains its largest shareholder, with his holdings placed in a trust managed by his eldest son, Donald Trump Jr.
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Meanwhile, WLFI has seen the price of its token drop from $0.26 in early September to around $0.15. The drop cut Trump’s locked token value almost in half, falling from nearly $6 billion to around $3.15 billion.
Even his mining company, American Bitcoin Corp., has not escaped defeat. The company was formed shortly after Trump’s inauguration in partnership with Hut 8 Corp., which acquired a majority stake.
Eric Trump ended up with about 7.5% of the company, while Donald Trump Jr. got a smaller, undisclosed portion.
Initially, the company soared, valuing Eric’s stake at about $630 million, but as the market turned, the stock fell by more than half, wiping out about $300 million from his holdings.
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Market Collapse Deepens Crypto Losses
The Trump family’s dwindling crypto fortune is just one part of a broader market crash that has wiped out more than $1 trillion in digital asset value.
The sector is facing one of its steepest declines in months. Major Tokens Seeing a Drop, Leveraged Positions Unwinding, and Waves of Liquidation are having repercussions on the derivatives markets.
The Bitcoin sell-off has dragged down altcoins and cryptocurrency-linked stocks, highlighting how quickly momentum can reverse in a notoriously volatile industry.
Retail investors have borne much of the pain. Many stockpiled high-profile tokens, mining stocks, or brand projects near their highs, only to see prices plummet within weeks.
