Crypto bros turn on Trump as coins crash and presidency stalls digital agenda

Donald Trump’s once-cozy relationship with cryptocurrency enthusiasts is fraying as digital asset values slide and his administration stumbles on crypto legislation, Axios reported. Analysts say members of the hyper-online crypto crowd that backed Trump in 2024 are now grappling with buyer’s remorse after Trump-branded meme coins enriched insiders while leaving retail investors holding the bag, compounded by revelations that the Trump family’s crypto venture pulled in hundreds of millions — including from a secret Emirati investment.