BlockBeats News, on December 1, according to WSJ, stocks and digital assets linked to U.S. President Trump are suffering from a deep recession, causing significant losses for some of his most loyal supporters. The price of Trump's DJT stock has fallen by 75% since Trump took office. Additionally, the two digital currencies named after Trump and his wife Melania have decreased by 86% and 99% respectively since the day of his inauguration. The Trump family's cryptocurrency project, World Liberty Financial, has also dropped by about 40% since its launch in September. Whether it is the stocks or the digital currencies directly linked to the President or his family, all have faced setbacks, reflecting the general pullback in the highly valued and speculative market ( including Bitcoin, and the leader in artificial intelligence like CoreWeave). The new government was expected to push for regulatory relief, tax cuts and
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BlockBeats News, on December 1, according to WSJ, stocks and digital assets linked to U.S. President Trump are suffering from a deep recession, causing significant losses for some of his most loyal supporters. The price of Trump's DJT stock has fallen by 75% since Trump took office. Additionally, the two digital currencies named after Trump and his wife Melania have decreased by 86% and 99% respectively since the day of his inauguration. The Trump family's cryptocurrency project, World Liberty Financial, has also dropped by about 40% since its launch in September. Whether it is the stocks or the digital currencies directly linked to the President or his family, all have faced setbacks, reflecting the general pullback in the highly valued and speculative market ( including Bitcoin, and the leader in artificial intelligence like CoreWeave). The new government was expected to push for regulatory relief, tax cuts and