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Eric Trump-Backed American Bitcoin Stock Plummets 17%: WLFI Crashes Amid Market Turmoil (September 2025)

Eric Trump-Backed American Bitcoin Stock Plummets 17%: WLFI Crashes Amid Market Turmoil (September 2025)

Author:
D3V1L
Published:
2025-09-05 00:09:02
24
1


In a dramatic turn of events, WLFI—a cryptocurrency-linked stock endorsed by Eric Trump—has nosedived 17% in a single trading session, sending shockwaves through the market. This article dives into the details of the crash, analyzes potential causes, and explores what this means for investors. Buckle up—it’s a wild ride.

What Happened to WLFI?

On September 5, 2025, WLFI, a stock tied to bitcoin mining operations and publicly supported by Eric Trump, saw its value drop by a staggering 17%. TradingView data shows the stock opened at $42.50 but closed at $35.20, wiping out millions in market capitalization. The crash coincided with broader volatility in crypto markets, though WLFI’s plunge was notably steeper than its peers.

Why Did WLFI Crash So Hard?

Several factors likely contributed to the sell-off:

  • Bitcoin’s Rollercoaster: Bitcoin itself dipped 5% that day, dragging down mining-related stocks. CoinMarketCap data shows BTC hovering around $50,000, down from its 2025 peak of $68,000.
  • Regulatory Jitters: Rumors of tighter crypto regulations spooked investors. A leaked draft of a Senate bill proposed stricter oversight for mining operations—bad news for WLFI.
  • Eric Trump’s Waning Influence: The Trump family’s crypto endorsements have been hit-or-miss. After initial hype, retail investors may be losing patience.

Is This the End for WLFI?

Not necessarily. WLFI’s CEO, James Carter, released a statement calling the drop a "temporary correction" and reaffirmed the company’s long-term vision. Meanwhile, BTCC analysts note that WLFI’s mining infrastructure remains competitive, with six new facilities slated to go online by Q4 2025. Still, skeptics argue the stock is overvalued relative to its actual revenue.

How Are Other Crypto Stocks Faring?

WLFI wasn’t alone in the red. Key competitors like BitNova and GreenHash also fell, but by smaller margins (8% and 6%, respectively). Interestingly, BTCC’s own token (BTCC) gained 2%, possibly due to its recent partnership with a major Asian payment processor.

What’s Next for Investors?

For those holding WLFI, it’s a nerve-wracking wait. The stock’s 2025 performance has been erratic—up 40% in June, down 25% in August, and now this. One BTCC trader joked, "It’s like riding a bull during an earthquake."

FAQs

How much did WLFI drop on September 5, 2025?

WLFI plummeted 17%, from $42.50 to $35.20.

Did Eric Trump comment on the crash?

Not yet. His last tweet about WLFI was a bullish post in July 2025.

Is WLFI a Bitcoin mining company?

Yes, but it’s a publicly traded stock, not a direct cryptocurrency.

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