BlockBeats news, on November 24, according to the Bloomberg Billionaires Index, the total wealth of the Trump family has dropped from 7.7 billion USD in early September to about 6.7 billion USD currently, mainly dragged down by their rapidly expanding encryption investment portfolio. Among them, TRUMP coin has fallen about 25% since August, and the market capitalization of American Bitcoin (ABTC), a Bitcoin mining company held by Eric Trump, has slumped by 50%, evaporating over 300 million USD. Trump Media (TMTG) has seen its equity value drop by about 800 million USD due to adverse bets of 2 billion USD in Bitcoin and CRO, with a loss of about 25% on its 11,500 Bitcoin positions. Additionally, the WLFI token of the Trump family's encryption project World Liberty Financial has also fallen back from its peak value of nearly 3 billion USD.
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