Crypto investment firm World Liberty Financial, which is backed by Donald Trump, has suffered substantial losses in its cryptocurrency portfolio. The firm invested over $242 million in various digital assets, but the portfolio has since dropped by over 21%, resulting in $51.77 million in unrealized losses. Ethereum, Wrapped Bitcoin, and Ethena were the firm's biggest holdings, all experiencing significant declines. Ethena, in particular, fell by 43.72% and lost over $2 million in value. The losses highlight the volatile nature of the crypto market, but there is potential for a recovery with a quick bullish rebound.



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