A new cryptocurrency called $Libra bilked investors out of $250 million. It had been promoted by President Javier Milei.
Bitcoin, the world’s most popular cryptocurrency, was trading at about $89,000 as the U.S. stock market opened. That’s down from about $106,000, which was the price around Trump’s inauguration. The decline in bitcoin and other crypto assets accelerated after a report showed a bigger-than-expected drop in consumer confidence for this month.
Donald Trump’s supporters have lost more than $12bn (£9.5bn) in a month after the value of the president’s cryptocurrency collapsed.
For four weeks prior to this dinner, netizens on social media have been speculating about Melania's absence, with some giving way to rumors of her stepping back from public life.