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Krypto rises Trump's assets as consumer confidence after pandemically low

With the help of the cryptocurrency, President Donald Trump's assets have doubled to a high or “Yuge” amount.

In a conversation with Erin Burnett from CNN on her show “Erin Burnett Outfront” Last week, analyst Harry ducks said that Trump's assets rose from US dollars from $ 2.3 billion to $ 5 billion in 2025.

“It shot up, Erin,” said duck, quoted forbes magazines. “Shot up … part of it is crypto, part of it is too [Trump’s social media platform] Truth social, part of the larger media conglomerate that goes public. But they have put together everything and Trump's assets are through the roof last year. “

“Very different from most Americans who currently have 401 (K),” Burnett replied.

In a post on X, in which Ensen shared the video and the statistics, Ensen Trump described Trump as “really the crypto president”.

Ducks also explained that the Trump family had earned a full amount of money due to cryptocurrency.

“Get this number, it's about 1 billion US dollars,” he said. “It's not just Donald who deals with crypto. It is [Trump’s son Eric Trump] Who is involved with crypto, and that's it [First Lady Melania Trump] Who is involved with crypto. This is an insane amount of money. I can only wish I would touch so much money one day. “

Before his discussion with Burnett completed, ducks added that the Krypto voters “may have made the difference in the 2024 elections. Why?”

In contrast to non-crypto owners, Trump's margin among crypto owners was 24 points higher, quoted with statistics from Farleigh Dickinson University.

“[Crypto owners] I now have an increasing proportion of the electorate north of 10% of the electorate, “continued Entee.

The increased net asset of the president comes at a time when the consumer's trust is most low and has been caused by the economic fear in connection with Pandemic Economic Angst since May 2020, the AP reported. In April, the consumer's trust fell by almost eight points to 86 points, as the president's tariffs are worried about the economy.

The number reflects a quickly sour mood of the Americans, most of whom expect prices to increase due to the widespread tariffs of President Donald Trump. According to a survey by the Associated Press Norc Center, about half of the Americans are also concerned about the potential for a recession.

In addition, according to the Bureau of Economic Analysis, GDP shrank in the first quarter of 2025 with an annual rate of 0.3%. This bad quarter was the result of Trump's trade policy.

Despite the growing economic concerns of the public and economic analysts, Trump said Kristin Welker from NBC News at the weekend that he still does not have to worry about the opportunities of a recession. He repeated that the United States are in a “transition period”.

“Everything can happen, but I think we will have the biggest economy in our country's history,” said Trump, to “meet the press”.

The Associated Press contributed to this report.

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