Crypto Firm Tied to Trumps Sees Share Price Halve in 30 Minutes
The sharp pullback in Bitcoin prices over the past month is making an impact on speculative corners of the cryptocurrency market.
The latest casualty is American Bitcoin Corp. Shares of the crypto miner co-founded by Eric Trump wiped out more than half of their value in less than 30 minutes on Tuesday, even as trading in the stock was halted multiple times due to intense volatility. The stock fell as much as 51%.
