The Trump-associated meme coin TRUMP and World Liberty Financial's token WLFI have fallen significantly by 14.6% and 10.8% respectively in 24 hours amid a broader crypto market downturn. WLFI is under investigation for a $500 million deal involving UAE royal investments linked to Trump family interests, raising concerns of potential conflicts of interest. Market uncertainty driven by geopolitical tensions, macroeconomic factors, and institutional outflows is fueling a risk-off environment, exerting downward pressure on cryptocurrencies including Bitcoin nearing key support levels.
