Melania Trump’s auction of NFT, hat and painting fall short of $250,000 opening bid

Steep dive in crypto market resulted in final bid of about $170,000 - $80,000 short of the starting bid threshold

What do Melania Trump's wide-brimmed white hat, a painting of her wearing the hat and an NFT of an animated version of the hat have in common?

They were all put up for auction by the former first lady - and as of early Wednesday, failed to rake in the target price of a $250,000 opening bid.