But the positive feedback loop of crypto under Trump is faltering now that crypto is down amid questions about the size of the AI bubble and the greater health of the economy. Bitcoin has had its worst month since its extremely messy year of 2022,

The net worth of President Donald Trump has taken a significant hit, dropping by $1.1 billion amid the plummeting value of his technology company stock, Trump Media & Technology Group (NASDAQ:DJT), as well as the recent crypto crash.

A memecoin called Shit Piss Skin Can ($SPSC) jumped over 300% in price after World Liberty Financial, a crypto company backed by President Donald Trump, promoted the cryptocurrency in a tweet on Monday.

Cardano (ADA) co-founder Charles Hoskinson believes that while the Trump administration’s apparent support for crypto was initially seen as a turning point, its approach may now be stifling rather than strengthening the industry.

President Trump’s estimated net worth has doubled to more than $6 billion since early 2024. His allies deny conflicts of interest. Watchdog groups disagree, and see a troubling breakdown in ethical norms.

The lawsuit accuses Zhao and his close associate, Guangying "Heina" Chen, of purposely creating Binance to help criminals and terrorists facilitate money laundering on a global scale.

Democratic staff on the House Judiciary Committee gathered data on President Donald Trump's crypto businesses that reportedly gained his family massive wealth.

An expert economist believes the Crypto slump is due to it being tied to Donald Trump's approval rating. Paul Krugman says the Trump trade is "unraveling" after the president went all-in on the digital currency.