The crypto market created tens of thousands of millionaires in early 2025 — but not everyone saw green.
While long-term Bitcoin holders watched their wealth soar, former U.S. President Donald Trump suffered a dramatic collapse in his crypto portfolio.
Over 26,000 wallets surpassed the $1 million mark in the first half of the year, driven by Bitcoin’s post-halving surge and its May peak near $112,000. The halving, which cut mining rewards in half, squeezed supply and pushed prices upward, especially in Q2.
Meanwhile, Trump’s holdings — once worth over $10 million — sank to just $2.2 million by June. The sharpest losses came from meme coins like TROG and MAGA, both of which underperformed in a market shifting toward utility and fundamentals. A minor Q2 rebound wasn’t enough to reverse the 78% drop.
Interestingly, a project connected to Trump’s circle performed far better. World Liberty Financial (WLFI), a DeFi platform backed by his family, more than doubled its value, benefiting from institutional attention and early 2025’s ETF-driven rally.
But new legislation may cast a shadow. The COIN Act, introduced in June, aims to restrict government officials and their families from profiting through crypto while demanding full asset disclosures. If passed, the law could bring new scrutiny to WLFI’s political ties and Trump’s remaining investments.
In a market where strategy now matters more than hype, even the biggest names are learning that reputation doesn’t guarantee returns.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/how-many-new-bitcoin-millionaires-were-made-in-2025/