After Wall Street's bold bet on cryptocurrency, retail investors paid a "high tuition fee".

Through Wall Street-approved funds, many individual investors poured into the promised cryptocurrency paradise of the Trump administration, but are now experiencing the thunderous forces of the market. Exchange-traded funds for Bitcoin and a series of later altcoins have collapsed, giving back all the gains since Donald Trump's return to the White House, wiping out the speculative premium that once defined the digital asset boom of this period. Despite Trump's promise to make the United States the world's cryptocurrency capital, the price of Bitcoin has dropped by 50% from its peak to around $63,000. The performance of other cryptocurrencies is even worse, with an index tracking 50 small tokens falling by 67% from its recent high in October. Overall, the market has lost at least $700 billion in market value over the past week. This disaster marks a sharp decline in the fate of assets that Trump once vowed to prioritize as national infrastructure.