The past year has been very good to President Donald Trump financially. Thanks to the many cryptocurrency projects his companies and sons have launched, he’s gained well over $1 billion of wealth on paper . Crypto has been booming since Trump came back into office by virtue of his administration’s friendly approach to the sector — and a general sense that it’s good for business to have an executive who understands little about the coin economy aside from its ability to inflate his assets or get controversial cash injections from abroad .

But this positive-feedback loop under Trump is faltering now that crypto is down amid questions about the size of the AI bubble and the greater health of the economy. Bitcoin’s had its worst month since an extremely messy year in 2022, droppin

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