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0 0.000447828034034841 4.47828034033887E-05 -0.00179131213613968 0.00268696820420953 0.0103000447828034 0.00985221674876842 0.0111957008508733
Stock impact report

Trump Family's Crypto Ventures Face Anguish In Market Downturn [Forbes]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Forbes
American Bitcoin , a crypto mining firm where Eric Trump serves as co-founder and chief strategy officer, dropped more than 50% in a shock event Tuesday that collapsed the share price only minutes after markets opened. The drop came as a lockup on restricted shares lifted, allowing early investors to sell their stakes in the company after Dec 2. $WLFI, a crypto token created by World Liberty Financial (a decentralized finance start-up where Eric and Donald Trump Jr. are listed as co-founders) has seen its price drop by 51% since September. Alt5 Sigma , a little-known tech company that raised money to purchase $WLFI tokens in August and has been promoted by the Trumps, has also suffered a more than 70% decline since September, spurred by mounting legal troubles Bitcoin, the cryptocurrency bellwether, has suffered big blows to its price in recent weeks, making November its worst performing month since 2021. Spokespeople for the Trump Organisation, American Bitcoiner, and WLFI Show less Read more
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