Trump Warns of Chinese Crypto Dominance as His Own Family Profits

U.S. President Donald Trump has reiterated his stance on the importance of American leadership in the crypto industry, warning that if the country steps back, China will take its place.

The president's comments come as he touts a $1.4 billion gain from his own crypto ventures in 2025, with $636 million coming from the TRUMP memecoin and nearly $500 million from World Liberty Financial.

However, critics point out that the TRUMP memecoin has dropped by 80% since its launch, causing significant losses for small investors who were enthusiastic about supporting the president's crypto endeavors.