随着与特朗普家族的加密恋情接近离婚，美国制造的加密货币下跌

Crypto backed Donald Trump for a reason. He gave the industry a simple political promise: less enforcement, friendlier rules, and a White House that would treat Bitcoin and digital assets as part of the American growth story instead of a threat to be contained. That bargain helped Trump build real support inside crypto during the 2024 election cycle. It also helped bring a new type of voter into the coalition, people who saw crypto policy as part of a wider fight over innovation, markets, and state power. The problem now is that the same community that once treated Trump as an asset is increasingly treating the Trump-branded crypto complex as a liability. The great crypto divorce: Extraction, betrayal, and Trump’s token crisis The shift has been building for months, then accelerated as WLFI slid toward its lows, as the economics of the Trump family’s token ecosystem came under sharper scrutiny, and as crypto-native reaction across X moved from rationalization to disgust. The temperature change is hard to miss. After the 2024 election, pro-Trump sentiment on crypto timelines carried a triumphal tone. Over the past several days, the language has turned prosecutorial. Traders, founders, and long-time market voices are now describing the Trump family’s crypto ventures as extraction, grift, and a stain on the industry’s legitimacy. That shift has a market side and a political side. On the market side, Bitcoin has held up far better than the family’s branded ecosystem. Bitcoin remains the asset that institutions, public companies, and macro traders can still frame as scarce collateral, a sovereign hedge, or a reserve candidate. WLFI sits in a very different bucket, a governance token wrapped in celebrity politics, concentrated economics, supply overhang, and widening distrust. On the political side, the danger for Trump is broader. He used the crypto vote in 2024. If the industry starts to view Trump-linked tokens as a case study in how political power can be converted in