The Trump Name Isn't What It Used to Be on Wall Street

Group 1 - Assets linked to President Donald Trump and his family have underperformed the broader market, particularly in the crypto sector, where their ventures have seen significant declines [1][4][8] - Shares of Eric Trump's American Bitcoin (ABTC) dropped as much as 50% in early trading, closing down 39%, marking its lowest price since the announcement of Trump's involvement [2] - The native token of Trump-backed World Liberty Financial (WLFIUSD) has lost about 65% of its value since its record high in September, while meme coins $TRUMP and $MELANIA have lost approximately 90% from their all-time highs [5][8] Group 2 - Following President Trump's reelection, the premium associated with the Trump name has diminished, particularly affecting the family's crypto ventures [4][8] - Despite a recent rally in the broader crypto market, with Bitcoin surpassing $93,000, the Trump family's crypto-related assets continue to struggle [3][11] - Shares of Trump Media & Technology, the parent company of Truth Social, have lost about two-thirds of their value since the beginning of the year, hitting their lowest level since late 2021 [12]