Citing TheMarketPeriodical, new allegations suggest President Donald Trump's family earned $800 million from cryptocurrency sales during the first half of 2025. The claims emerged as Trump reiterated his promise to keep the stock market at all-time highs, sparking debate over the influence of political statements on market sentiment. Analysts highlighted macroeconomic factors such as rate cuts, AI spending, and corporate buybacks as key drivers of current market momentum. The Kobeissi Letter cited $1 trillion in annual global AI infrastructure spending and $600 billion in capital expenditures by the 'Magnificent 7' companies. Meanwhile, political pressure intensified as Democrats accused the Trump family of using the White House to benefit from crypto. The allegations remain unverified but have added a layer of uncertainty to the ongoing market narrative.
Trump Faces Crypto Enrichment Claims Amid Market High Pledges
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