TechFlow, November 24 — According to Bloomberg, the Trump family's total wealth has declined from $7.7 billion in early September to approximately $6.7 billion today, primarily dragged down by its rapidly expanding cryptocurrency investments. Since August, Trump memecoin has fallen another 25%. American Bitcoin (ABTC), the bitcoin mining company held by Eric Trump, has seen its market value halved, losing over $300 million. Trump Media (TMTG) has lost around $800 million in equity value due to unfavorable bets on $2 billion worth of bitcoin and CRO, with its holdings of 11,500 bitcoins down approximately 25%. The WLFI token of the Trump family's crypto venture World Liberty Financial has erased nearly $3 billion in paper value from its peak.
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