By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Cryptocurrencies fall as Trump-linked tokens and stocks come under pressure
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Crypto > Cryptocurrencies fall as Trump-linked tokens and stocks come under pressure
Crypto

Cryptocurrencies fall as Trump-linked tokens and stocks come under pressure

By Viral Trending Content 4 Min Read
Share
SHARE

Contents
The Nasdaq crackdown: a new sheriff in townA market de-risks as the Powell pivot looms
  • The crypto rally is faltering as digital assets and related stocks fall.
  • Tokens and companies tied to Donald Trump’s family are seeing the steepest declines.
  • Nasdaq is reportedly tightening the rules for digital-asset treasury companies.

The music has stopped. While traditional stocks and bonds are surging on the promise of an imminent Federal Reserve rate cut, the high-flying world of cryptocurrency is conspicuously refusing to join the party.

A brutal wave of selling has swept through the digital asset space, with the sharpest and most painful losses being inflicted on the very tokens and companies that have direct ties to President Donald Trump’s family.

The carnage has been swift and severe. Shares of ALT5 Sigma Corp., a treasury company for the Trump-linked DeFi project World Liberty Financial, slumped around 12 percent on Thursday and are now down more than 50 percent in the past week.

The project’s own WLFI token has been hit even harder, dropping about 25 percent and now down roughly 50 percent since its much-hyped Labor Day debut.

Even American Bitcoin Corp.—the mining outfit involving Eric Trump that just began trading—has not been spared, with its shares dropping by as much as 22 percent.

The Nasdaq crackdown: a new sheriff in town

This targeted sell-off is being amplified by a growing sense that the regulatory tide is turning.

A new report from The Information on Thursday sent a chill through the market, revealing that the Nasdaq is now requiring some of the so-called digital-asset treasury (DAT) companies to receive shareholder approval before issuing new shares to buy more tokens.

This is a direct shot across the bow of a business model that has fueled the recent crypto boom.

Pioneered by MicroStrategy’s Michael Saylor, the strategy of issuing shares to fund massive coin purchases without taking on debt has been adopted by a flood of companies, many of them struggling firms that pivoted to crypto to save their businesses.

To date, a staggering 184 publicly traded companies have announced their intention to raise more than 132 billion dollars to buy various coins, according to Architect Partners.

The Nasdaq’s move, while seen as a prudent step to protect shareholders, threatens to choke off the very mechanism that has been driving the market higher.

“Full disclosure and an opportunity to have a say should be expected and demanded if not provided for. Yes, likely slows the pace of transaction velocity but perhaps a good thing,” said Eric Risley, founder of Architect Partners.

A market de-risks as the Powell pivot looms

The pain is not confined to the Trump-linked ventures.

The broader market is feeling the chill, with treasury companies holding assets like Ether and Solana also seeing their shares drop, pulling down the prices of the underlying coins with them.

Bitcoin, the market’s bellwether, has fallen about 2 percent to around 109,800 dollars, a sign of a market that is actively de-risking ahead of a pivotal moment.

The latest US labor market data has only reinforced the view of a cooling economy, setting the stage for the Federal Reserve’s high-stakes meeting later this month.

“From macro perspective people are derisking a bit ahead of tomorrow’s employment data, which is a big economic data point ahead of Fed meeting later in month,” said Shiliang Tang, managing partner of Monarq Asset Management.

The party, it seems, is over, and the market is now bracing for the inevitable hangover.

You Might Also Like

Ledger and Trezor 2025 hardware wallets released: What’s new for users?

Binance Founder CZ Receives Presidential Pardon From Donald Trump

Blockchain.com secures MiCA license, hires Malta insider to head EU expansion

Best Crypto to Buy Now as Crypto RWA Hits $8.3 Billion

Solana’s RWA market surpasses $700M all-time high as adoption accelerates

TAGGED: Crypto, Crypto News, Donald Trump, Markets, News
Share This Article
Facebook Twitter Copy Link
Previous Article Helldivers 2 Gets Hotfix For Crashes Caused by Too Many Particle Effects
Next Article Left-wing MEPs push to challenge Mercosur deal in EU court
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Ghost of Yōtei on PS5 Pro Detailed: RTGI at 60fps, PSSR Upscaling, and Near-Instant Loads
Gaming News
Why Demand for Adults-Only Resorts Is on the Rise
Travel
Anker’s Soundcore Select 4 Go Speaker Is Practically a Steal After Dropping to an All-Time Low
Gaming News
Corporate debt surge: Commercial paper issuances hit highest since April
Business
Ledger and Trezor 2025 hardware wallets released: What’s new for users?
Crypto
Binance Founder CZ Receives Presidential Pardon From Donald Trump
Crypto
White House Staffers Couldn’t Care Less About the East Wing Demolition
Tech News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Ghost of Yōtei on PS5 Pro Detailed: RTGI at 60fps, PSSR Upscaling, and Near-Instant Loads

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Ghost of Yōtei on PS5 Pro Detailed: RTGI at 60fps, PSSR Upscaling, and Near-Instant Loads
October 23, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?