Digital currency markets have always been subject to severe fluctuations, but the recent crash has once again highlighted the unpredictable nature of these assets. According to Arkham Intelligence data, Trump’s digital currency project, World Liberty Financial, suffered a $110 million loss during the recent market fall. Trump’s personal portfolio value also decreased by 13%, with the majority of the loss attributed to the fall in Ethereum (ETH) prices. Trump’s recent policies have had significant impacts on the digital currency market. Despite criticisms, these policies may help in the wider acceptance and legislation of global digital currencies in the long run. Concerns have also been raised regarding the strategic reserve plan, with some seeing it as contradictory to the decentralized nature of digital currencies.
