President Donald Trump and his family suffered devastating financial losses after investing heavily in bitcoin, an analysis has found.
Forbes detailed the series of unfortunate events that resulted in the president and his two sons, Eric Trump and Donald Trump Jr., seeing their crypto investments hemorrhage around $1 billion in the space of a year.
The losses stemmed in part from the belief that the price of the volatile cryptocurrency, which stood at around $108,000 in May 2025, would increase by as much as 50 percent over the course of the year.
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