The recent downturn in the crypto market, which saw total valuations plummet from an all-time high of nearly $4.3 trillion to below the $3 trillion mark, has severely impacted many investors.
Among those affected is the Trump family, whose wealth reportedly decreased by $1 billion over the past month, according to Bloomberg. Their current net worth now stands at approximately $6.7 billion, down from $7.7 billion in September.
Trump Family’s Crypto Portfolio Takes Major Hits
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The family’s crypto portfolio has suffered significant losses as a result of recent market conditions, including President Trump’s official memecoin, TRUMP, Eric Trump’s Bitcoin (BTC) mining firm, American Bitcoin (ABTC), and Truth Social—all of which are Bitcoin-related.
One of the hardest-hit entities is Trump Media & Technology Group (TMTG), the
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