As reported by Coinotag, ABTC shares plunged over 50% in early trading amid a broader crypto market downturn, with Bitcoin falling below $80,000. American Bitcoin Corp, led by Eric Trump, saw its stock hit $1.75, down 78% from its September high. Despite reporting Q3 profitability with $3.47 million net income and 4,000 BTC holdings, the company's stock was heavily impacted by sector-wide pressures. The decline reflects heightened volatility in crypto-linked equities as investors reassess valuations.
ABTC Shares Drop Over 50% Amid Bitcoin Market Downturn
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