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- The Trump family has lost over $1 billion in crypto investments due to recent market crashes.
- Eric Trump remains optimistic, seeing current losses as a “buying opportunity.”
- Trump Media and World Liberty Financial have seen major declines in value, including Bitcoin holdings.
The Trump family has suffered over $1 billion in losses due to the recent downturn in the cryptocurrency market. This financial setback comes as part of a broader trend affecting crypto-linked ventures, including the TRUMP memecoin, Bitcoin mining projects, and Trump Media’s investments in Bitcoin. The loss in value has significantly impacted the family’s fortune, which has dropped by around $1 billion in just a few months.
Trump’s Deep Exposure to Crypto
According to a report by Bloomberg, the Trump family’s heavy exposure to cryptocurrency and related ventures has resulted in steep financial losses. For example, the TRUMP memecoin has lost an additional 25% in value since August, and Eric Trump’s stake in a Bitcoin mining joint venture has also seen its worth halved. Despite these losses, Eric Trump remains optimistic about the long-term potential of cryptocurrency, calling the current downturn “just a temporary setback” and encouraging investors to embrace volatility.
The Trump family’s fortune has now dipped to approximately $6.7 billion, down from $7.7 billion at the start of September. Most of the loss stems from their substantial investments in digital assets, which have been hit hard by the market’s volatility.
Major Crypto Ventures Take a Hit
Trump Media & Technology Group, which has invested heavily in Bitcoin this year, is also feeling the pain. The company disclosed purchasing around 11,500 BTC at an average price of $115,000 per coin, but with Bitcoin’s price dropping by about 25%, the firm is now sitting on a significant unrealized loss.
In addition to Bitcoin, the Trump-backed project World Liberty Financial (WLFI) has also seen its token value drop sharply. The WLFI token has lost more than 50% of its value, falling from $0.26 to around $0.14. Some U.S. Senators have even raised concerns about the legality of the WLFI token distribution, prompting investigations into potential illegal sales.
Also Read: Senate Moves to Fast-Track Crypto Market Bill — Could Trump Sign It by Early 2026?
Will Crypto Volatility Lead to Future Gains?
Despite the current losses, Eric Trump continues to advocate for the volatility that comes with investing in crypto markets, viewing it as an opportunity for future gains. While many investors are now dealing with substantial losses, the Trump family remains confident that those who buy during market dips will eventually reap the rewards.
The Trump family’s crypto ventures have faced significant setbacks, losing billions due to the market’s volatility. However, their ongoing investment strategy reflects a belief that crypto’s long-term potential outweighs the short-term pain. Whether these losses are a temporary setback or part of a larger trend remains to be seen.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
