"Since Oct. 10, when the crypto market witnessed what's since been dubbed the " flash crash," the worst-performing crypto asset tied to the Trump family has been American Bitcoin's stock. The Bitcoin mining and holding firm -which is backed by the President's two sons, Eric and Donald Jr.-has plunged more than the world's largest cryptocurrency and tanked about 80%. Its market capitalization is just over $1 billion. That's a far cry from its height of nearly $8.5 billion when the company first went public in September."
"The best-performing Trump-tied crypto asset after the digital assets market cratered in October is the First Lady's memcoin, $MELANIA. The token is down only 27% and experienced a boost prior to the release of Melania Trump's documentary in late January. Still, the cryptocurrency is down more than 98% from when it launched one day before President Trump's inauguration last year."
Since the Oct. 10 flash crash, a broad crypto market decline erased roughly $1 trillion and hit Trump-family–linked assets across the sector. American Bitcoin, backed by Eric and Donald Jr., fell about 80%, shrinking market capitalization from nearly $8.5 billion at IPO to just above $1 billion. The First Lady's memcoin $MELANIA fell only 27% since October but remains over 98% below its launch price. The family's exposure now centers on public stakes such as American Bitcoin and ALT5 Sigma, with early-January estimates valuing Trump family crypto holdings near $3 billion. Volatility mirrors wider market swings.
Read at Fortune
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