The recent surge in the cryptocurrency market has shown signs of losing momentum, with both Trump-related tokens and the wider stock market coming under growing pressure. After an initial burst of enthusiasm, World Liberty—a digital token associated with the Trump family—quickly lost steam. Its debut saw prices hit an early high, but that rally faded as the token dropped to just 22 cents by midweek, well below its launch peak.

This comes as former President Trump, who once referred to cryptocurrencies as a scam, has shifted his stance and fully embraced the industry. Following his re-election campaign, Trump has positioned himself as a champion of crypto innovation, promising to make the United States a global hub for digital assets. He has since appointed pro-crypto officials to key roles, including leadership at regulatory agencies once known for strict oversight of the sector.

While the World Liberty launch gave the Trump family an apparent paper windfall of billions, actual profit remains elusive, as restrictions prevent insiders from selling their stakes immediately. Nevertheless, their involvement in crypto continues to open new channels for financial growth, especially under a regulatory climate that has become noticeably friendlier.

This shift marks a sharp departure from the previous administration’s crackdown on crypto businesses. With fewer restrictions now and official support at the highest levels of government, the industry’s outlook is rapidly transforming—even if the current market rally has faltered and tokens linked to high-profile figures are feeling the pressure.

As the crypto sector navigates this uncertain environment, investors and observers alike are watching closely to see whether these changes bring lasting stability or more volatility in the months ahead.