Cryptocurrencies fall as Trump-linked tokens and stocks come under pressure
The post Cryptocurrencies fall as Trump-linked tokens and stocks come under pressure appeared on BitcoinEthereumNews.com.
The crypto rally is faltering as digital assets and related stocks fall. Tokens and companies tied to Donald Trump’s family are seeing the steepest declines. Nasdaq is reportedly tightening the rules for digital-asset treasury companies. The music has stopped. While traditional stocks and bonds are surging on the promise of an imminent Federal Reserve rate cut, the high-flying world of cryptocurrency is conspicuously refusing to join the party. A brutal wave of selling has swept through the digital asset space, with the sharpest and most painful losses being inflicted on the very tokens and companies that have direct ties to President Donald Trump’s family. The carnage has been swift and severe. Shares of ALT5 Sigma Corp., a treasury company for the Trump-linked DeFi project World Liberty Financial, slumped around 12 percent on Thursday and are now down more than 50 percent in the past week. The project’s own WLFI token has been hit even harder, dropping about 25 percent and now down roughly 50 percent since its much-hyped Labor Day debut. Even American Bitcoin Corp.—the mining outfit involving Eric Trump that just began trading—has not been spared, with its shares dropping by as much as 22 percent. The Nasdaq crackdown: a new sheriff in town This targeted sell-off is being amplified by a growing sense that the regulatory tide is turning. A new report from The Information on Thursday sent a chill through the market, revealing that the Nasdaq is now requiring some of the so-called digital-asset treasury (DAT) companies to receive shareholder approval before issuing new shares to buy more tokens. This is a direct shot across the bow of a business model that has fueled the recent crypto boom. Pioneered by MicroStrategy’s Michael Saylor, the strategy of issuing shares to fund massive coin purchases without taking on debt…
Filed under: News - @ September 5, 2025 3:25 am