Trump's 'cratering approval' will drag family trade down with him: Nobel Prize winner

The declining approval rating of Donald Trump will affect his family businesses, a Nobel Prize winner has claimed.

Paul Krugman believes the negative effects of the president's approval ratings will cause a collapse in the crypto market, which received a surge in the post-election space. Trump had backed a cryptocurrency, $Trump, and has taken actions in office to inflate the value. Top holders of share price in the coin, for instance, were invited to a dinner with the president as a result of their investment.