The post Trump Portfolio Loses $100M Due to Crypto Market Crash: Was Crypto Better Before? appeared on BitcoinEthereumNews.com.

Ever since its inception, the crypto market has been full of volatility, but the recent crash has again pointed out the unpredictability of digital assets. Under the current circumstances, $619M has been liquidated from the market in the last 24 hours. However, questions have begun to rise as to whether crypto was better before Donald Trump, as despite the recent developments, the market keeps suffering. Donald Trump Portfolio Takes a $110M Hit Amid Crypto Market Crash The Arkham Intelligence data reveals that Trump’s crypto-project, World Liberty Financial’s portfolio, has taken a major hit. Amid the ongoing crypto market crash, the portfolio has suffered a $110M loss. Additionally, Donald Trump’s personal crypto portfolio has declined significantly, losing 13% of its value. Interestingly, the most significant drop came from the Ethereum price struggles, catering to the 65% of the loss. In addition, the rest of the altcoins took a considerable toll, revealing the poor state of the market. The reports suggest that $619M has been liquidated in the last 24 hours, resulting in the global crypto market cap declining to $2.7T, which was last seen before Trump’s election win. Crypto Market Crash: The Trump Effect on Crypto The crypto stance of Donald Trump has led to the crypto space’s betterment. The crypto market witnessed significant gains but lows as well. This started with investors’ rising confidence in the industry, Bitcoin’s price hitting new highs, Trump announcing a U.S. Strategic Crypto Reserve, hosting the Crypto Summit, and much more. These events reveal the ongoing developments and the effect Trump has on the crypto space. Before this, the crypto industry was battling stricter regulations instead of developments. With the Crypto Summit, more things will align positively for the industry. However, critics have presented a different take, especially on Trump’s crypto portfolio as a conflict of interest.…

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Filed under: News - @ March 10, 2025 8:28 am