How Trump's Wealth Shifted to Crypto

There's a big change in where Donald Trump's money comes from. A recent study shows that most of his wealth is now tied to cryptocurrency. This shift is notable because Trump is known for his traditional businesses, like golf courses and real estate.

The Numbers

The study claims that nearly 73% of Trump's wealth, which is about $11.6 billion out of $15.9 billion, comes from crypto. This is a big deal because crypto is known for its ups and downs. The value can change a lot from day to day. For example, meme coins like the $TRUMP token and other crypto assets tied to Trump's ventures can be very unpredictable.

Critics Weigh In

Critics argue that Trump's push for crypto-friendly policies might not be good for everyone. They say it could put everyday Americans at risk. Senator Elizabeth Warren has been vocal about this, saying that Trump's actions benefit him personally more than the general public.

White House Response

The White House, however, dismisses these criticisms. They say that the media is making things up and that Trump's policies are meant to drive innovation and economic opportunity for all Americans.

The Uncertainty

It's important to note that the study's numbers are estimates. The exact amount of Trump's crypto holdings is hard to pin down because of the complex structures of crypto companies. But one thing is clear: Trump's wealth is now heavily tied to the volatile world of cryptocurrency.