The Trump family is back under the spotlight after seeing their fortune jump following the launch of American Bitcoin (ABTC) and the flambée of World Liberty Financial (WLFI). However, the two Defi projects linked to the family then underwent a two -digit market correction.
In short
- The wealth of the Trump family jumped $ 1.3 billion when launching ABTC and the WLFI rally before two -digit market corrections.
- ABTC climbed $ 14 before falling under the $ 7, while WLFI dived by 40 % after its launch despite an initial commercial momentum.
- Eric Trump describes ABTC as “the biggest Bitcoin company” while actions fluctuate strongly after the launch of the Gryphon merger.
- The family's net value of the family is $ 7.7 billion, excluding 4 billion blocked WLFI, strengthening its influence on the crypto markets.
The Trump family is riding the crypto wave with ABTC and WLFI
President Donald Trump’s fortune of the family’s family recently increased by $ 1.3 billion, attracting the attention of the global crypto community. According to Bloomberg, the surge of World Liberty Financial has brought them nearly $ 670 million. At the same time, Eric Trump's participation in ABTC, which he co -founded, was valued at more than $ 500 million after His Iparted on Wednesday.
When it was launched, ABTC reached a peak of $ 14 before relating to $ 6.24, losing more than half of its value. These makeshift estimates do not include assets in WLFI, valued at $ 4 billion, but currently blocked.
At current market prices, the family's combined fortune therefore exceeds $ 7.7 billioneven without counting these locked tokens. Since his visit to the White House, Donald Trump asserted himself as a supporter of the crypto industry.
The president's pro-Crypto orientation aroused political interest in the sector. Many actors believe that family involvement has helped to legitimize industry in the United States, despite criticism of certain democrats in the face of recent regulatory measures.
WLFI: an eventful launch, ABTC revived via Gryphon
World Liberty Financial entered the mainstream public in the main crypto platforms on Monday, with 24.6 billion WLFI tokens unlocked for the launch on exchanges. After the launch, the asset recorded a sharp increase before falling by more than 40 %.
Meanwhile, ABTC returned to the market on Wednesday following a merger with Gryphon Digital Mining, a crypto mining company listed at Nasdaq. During the session on Wednesday, the American Bitcoin action underwent five negotiation suspensions due to extreme price fluctuations, which led him to close almost $ 7.36 per share.
Commenting on the return of the market, Eric Trump described American Bitcoin as an initiative to create “the biggest Bitcoin company on earth”, adding that the company would mine and hold the asset crypto.
It also remains optimistic about the trajectory of the price of Bitcoin, betting that the asset will possibly reach $ 1 million during the recent Bitcoin 2025 conference in Asia in Hong Kong. In addition, Gryphon Digital Mining has around 6,000 mining computers imported from China, a trading partner facing customs tariffs under the Trump administration.
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