🇺🇸 JUST IN: Trump family-linked cryptocurrencies plunge by as much as 19% following Democrats’ victory in Congress.
- $TRUMP dropped 19% in 24 hours to $1.25, trading nearly 98% below its January 2025 peak of $73.43.
- $MELANIA declined 14% to $0.065, losing 99.5% of its peak value.
- $WLFI slipped 4% to $0.048, down 86% from its all-time high.
Reuters estimates that the Trump family has generated at least $2.3 billion from four crypto ventures since returning to the White House, while investors have reportedly suffered losses of a similar scale.
With Democrats set to take control of Congress in January, they have signaled plans to investigate the Trump family's cryptocurrency businesses.
A political victory for Democrats could now bring increased scrutiny to the Trump family's crypto empire.
- $TRUMP dropped 19% in 24 hours to $1.25, trading nearly 98% below its January 2025 peak of $73.43.
- $MELANIA declined 14% to $0.065, losing 99.5% of its peak value.
- $WLFI slipped 4% to $0.048, down 86% from its all-time high.
Reuters estimates that the Trump family has generated at least $2.3 billion from four crypto ventures since returning to the White House, while investors have reportedly suffered losses of a similar scale.
With Democrats set to take control of Congress in January, they have signaled plans to investigate the Trump family's cryptocurrency businesses.
A political victory for Democrats could now bring increased scrutiny to the Trump family's crypto empire.
