Trump Family Suffers Billions in Crypto Losses Amidst Market Decline

The cryptocurrency market’s recent downturn has significantly impacted the financial holdings of the Trump family. The Bloomberg Billionaires Index reveals a decline of $1 billion in their wealth, dropping from $7.7 billion at the start of September to approximately $6.7 billion as of late October. This erosion is largely attributed to losses associated with the family’s investments in cryptocurrencies and related businesses.