Due to the fall of encryption assets, the Trump family's total wealth has decreased to $6.7 billion.

TRUMP0,15%
BTC-0,78%
CRO0,03%
WLFI-2,47%

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.

View Original
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

Don't guess randomly when bottoming out Bitcoin! "This indicator" has accurately identified the bottom of previous bear markets.

The article discusses the "bottom-fishing" strategy in the cryptocurrency market and introduces an on-chain indicator called "Bitcoin Profit and Loss Supply," which can help investors identify market bottoms. When the supply of profitable and loss-making Bitcoins approaches balance, it typically signals the formation of a bear market bottom. Currently, data shows that these two are converging, and historical crossovers have accurately predicted market rebounds multiple times.

区块客20m ago

Cardano Faces Resistance as ADA Price Drops Below $0.26

Key Insights: Cardano’s price struggles as it drops below $0.26, maintaining a bearish outlook as moving averages turn into resistance. Open interest in Cardano rises slightly, indicating traders are rebuilding positions at lower levels amid declining market participation. Continued

CryptoNewsLand45m ago

Data: The current Crypto Fear & Greed Index is 8, indicating an extreme fear state.

ChainCatcher Message: According to Coinglass data, the cryptocurrency Fear & Greed Index is currently at 8, up 2 points from yesterday. The 7-day average is 8, and the 30-day average is 22.

GateNewsBot50m ago

Meme decline, narrative cooling: losing the $80 mark, has Solana's cycle bonus ended?

Solana has recently faced a market winter, with its token SOL price dropping from a high of $295 to $80, a decline of 71%. Factors such as the cooling of the Meme craze, weakening of ecosystem narratives, and increased competition have led to a decrease in activity within the Solana ecosystem. Additionally, purchases of SOL by digital asset treasuries have failed to offset overall market pressure, shaking investor confidence.

PANews1h ago

Bitcoin futures open interest has fallen to its lowest since 2024, as waning institutional demand puts pressure on BTC prices.

On February 13, news reports indicate that Bitcoin's recent price has been under continuous pressure, failing to stay above $72,000. Meanwhile, the total open interest in Bitcoin futures has fallen to $34 billion, hitting a new low since November 2024, down approximately 28% from 30 days ago. Although the number of open contracts measured in Bitcoin remains around 502,450, indicating that overall leverage demand has not significantly decreased, forced liquidations have accumulated to $5.2 billion, intensifying market concerns that Bitcoin may fall back to the $60,000 support level. The weak bullish leverage demand in the market highlights a decoupling of Bitcoin from traditional financial markets. Over the past month, Bitcoin has declined by 28%, with investors lacking clear catalysts. At the same time, gold prices have returned to the psychological level of $5,000, and the S&P 500 index is approaching its all-time high. Some analysts believe that the risk-averse sentiment is driven by a soft U.S. labor market. Data from the U.S. Department of Labor shows that only 181,000 new jobs are expected to be added in 2025, below expectations, but the White House emphasizes that slowing population growth is leading to decreased job demand.

GateNewsBot1h ago

Polymarket pushes 5-minute Bitcoin price prediction! Traders bet on short-term speculation

Prediction Platform Polymarket recently launched a new feature that allows users to place bets on cryptocurrency price movements every five minutes. This event indicates a growing demand among traders and investors for real-time crypto sentiment data. The target users for this feature are day traders and crypto enthusiasts seeking a fast-paced trading experience, as Bitcoin's recent price decline has become increasingly volatile, intensifying short-term fluctuations.

MarketWhisper1h ago
Comment
0/400
ABABBABAvip
· 2025-11-24 08:55
Just go for it💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)