The Trump family's cryptocurrency holdings have decreased by approximately $1 billion since early September, as reported by the Bloomberg Billionaires Index. The family's portfolio fell from $7.7 billion to $6.7 billion, primarily due to losses in Trump Media's crypto positions, American Bitcoin investments, and the TRUMP memecoin. Leveraged Bitcoin and CRO contracts held by Trump Media exacerbated the losses during the market downturn.
Despite the significant decline, the Trump family still holds $6.7 billion in cryptocurrency assets and has generated $900 million in cash from token sales. Eric Trump has indicated that the current market conditions might present a buying opportunity.
Trump Family Crypto Holdings Plunge $1 Billion Amid Market Slump
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