Trump Crypto Holdings Under Fire as Polls Show Majority Disapproval
The political controversy surrounding Donald Trump's cryptocurrency holdings is growing, with polls showing that a majority of voters disapprove of his earnings. According to an Echelon Insights survey cited by Sen. Elizabeth Warren, 55% of voters disapprove of Trump's crypto earnings, while 44% strongly disapprove. Another survey found that 71% to 75% of respondents support banning federal officials and their families from profiting from cryptocurrency.
Trump's family has earned between $1.2 billion to $1.4 billion from crypto ventures over the past year, according to federal disclosures. Warren argues that these gains came while many Americans struggle to cover everyday expenses, making the issue a growing political flashpoint.
The approval data continues to weigh on sentiment, with Trump's crypto-specific approval at 25%, and 39% disapproval, as per an Emerson College poll. The TRUMP token trades at $1.45, near the lower end of its daily range, with potential support levels around $1.44.