President Donald Trump and his family have heavily invested in cryptocurrencies, but a recent decline in bitcoin has significantly impacted their wealth. Estimates suggest that the Trump family's net worth has decreased by approximately $1 billion in just a few weeks due to the downturn in the digital asset market.

On Monday, bitcoin prices fell as much as 8%, dropping below $85,000. This represents a 30% decline from its all-time high of over $125,000 reached in early October. Analysts from Deutsche Bank reported that the global cryptocurrency market has lost $1 trillion in value since early October. They noted that traders are moving away from riskier assets in the crypto sector amid concerns about the economy and delays in digital asset regulation.

The recent sell-off serves as a reminder of the volatility associated with cryptocurrencies, where values can plummet as quickly as they rise. Over the past year, the Trump family has built a diverse crypto portfolio, which includes a meme coin, a bitcoin mining operation, and a digital asset company named World Liberty Financial, which has launched several tokens.

Following the Trump administration's easing of regulatory pressures on the crypto industry, the value of bitcoin and other digital assets surged, increasing the Trump family's wealth by hundreds of millions of dollars, according to an analysis. However, the current market downturn has reversed those gains.

Shares of Trump Media and Technology, the family's media company that has expanded into the crypto sector, fell 5% on Monday. Since President Trump's inauguration earlier this year, the stock has plummeted about 70%. The $TRUMP meme coin is now trading near an all-time low of $5.73, down nearly 90% from its peak of around $45 just before the inauguration. Additionally, World Liberty's digital governance token has decreased by about 50% since its launch in September.

Overall, the Trump family's fortune has dropped from $7.7 billion to $6.7 billion since early September, according to the Bloomberg Billionaires' Index. Despite these losses, the family remains optimistic. Eric Trump, the president's son, has been promoting their crypto ventures on social media and in communications with supporters. He described the current bitcoin dip as a "great buying opportunity."