An ethics deal would reportedly require former U.S. President Donald Trump to sell his cryptocurrency holdings, potentially generating substantial taxable gains. Trump and his family earned over $1.4 billion from crypto-related ventures in 2025, including World Liberty Financial and other digital assets. Trump’s portfolio includes substantial amounts of bitcoin and ether, and this forced sale could trigger a massive liquidation event in the broader market. Market participants are already pricing in this development, which could lead to a moderate decrease in bitcoin’s price and increased market uncertainty.
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