Trump-linked crypto assets lost $50B in market cap over past year

The market capitalization of cryptocurrencies and crypto-related stocks associated with U.S. President Donald Trump has fallen by $50 billion over the past year, crypto influencer Max Crypto said on X. The losses include: - Meme coin Trump (TRUMP): down 96%, a $17.2 billion market cap loss. - BTC miner American Bitcoin (ABTC): down 94%, an $11.5 billion market cap loss. - World Liberty Financial (WLFI): down 80%, an $11.2 billion market cap loss. - Melania (MELANIA): down 99%, a $10.2 billion market cap loss. Max Crypto described the decline as "insane."