Donald Trump’s family lost $ 1 billion in 30 minutes amid cryptocurrency market’s fall

A sharp drop in the value of crypto projects associated with Donald Trump’s family has led to the loss of more than $ 1 billion in their assets. on December 2, shares of American Bitcoin Corp, co-founded by Eric Trump, dropped 33% in early trading and fell by more than 50% in less than half an hour. According to Bloomberg, this was a record collapse for the company and significantly hit the family’s fortunes.

American Bitcoin has become a symbol of a deep crisis in the crypto market at the end of 2025. While Bitcoin BTC $90,420.74 Mezo Wrapped BTC 0.09% Market capitalization $51.32 million VOL. 24 hours $0.44 billion dropped by about 25% in two months, Trump-related projects suffered much greater losses. The WLFI token from World Liberty Financial fell by 51%, Alt5 Sigma by 75%, Melania meme coin by 99%, Trump by 90%, and American Bitcoin shares lost about 75% of their peak values. This sharply reduced the family’s previously accumulated cryptocurrency capital and undermined Trump’s reputation as a politician who promoted digital assets.

Law professor Hilary Allen noted that the attempt to use the Trump family brand to increase confidence in the crypto market did not bring the expected results. Instead, Eric Trump said that the drop in American Bitcoin quotes is not related to the company’s problems but to the end of the lockup period. «Our fundamentals are almost flawless,» he wrote on social media.

The collapse in value was partly caused by reports of possible risks to US national security due to the use of Chinese-made equipment in American Bitcoin. Meanwhile, Alt5 Sigma lost some of its management after an investigation in Rwanda into its subsidiary. Bloomberg estimates the Trump family’s total losses at more than $ 1 billion, although they still hold onto the profits they made during the previous market growth.

Small investors suffered the most from the crash. Kevin Hu, a student from Vancouver, said that his portfolio had decreased by 40%, adding that he trusted the market because of Trump’s support. Earlier, the US president signed a decree to create a strategic reserve of bitcoin and other cryptocurrencies, which will be formed from assets confiscated in criminal or civil cases.